India’s Rajasthan State Delays Solar Power Contracts Till August

India’s Rajasthan state will delay awarding contracts to companies to build 200 megawatts of solar capacity by about two months to August.
The last day to submit expressions of interest is May 18, M.M. Vijayvergia, executive director of the state-run Rajasthan Renewable Energy Corp., which is overseeing the process, said today in an interview in Jodhpur.
Shortlisted candidates will be invited to submit bids and the process should be finished around August, he said, without giving a reason for the delay.
Companies that have said they plan to participate in the bidding include Welspun Group, India’s largest solar photovoltaic developer backed by Apollo Global Management LLC (APO) co-founder Leon Black, and Mumbai-based Visual Percept Solar Projects Pvt., owned by the Enam Group.


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