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India’s new 500 MW tender tests a market-driven route for renewable peak power
India has launched a 500 MW renewables tender that will require developers to dispatch power through exchanges under a contract-for-difference model, with projects allowed to include co-located storage
Key Takeaways
- SECI launched a 500 MW tender for assured peak renewable power
- Selected projects will sell electricity through power exchanges under 12-year CfD agreements
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