Not so long ago I was complaining that India wanted to grow renewable energy by leaving hide-bound coal ministers in place and telling new suppliers what the market prices will be. Now they are talking about letting a real market emerge. And starting to act.
Indian Railways tenders 1 GW of ground-mounted solar projects — PV Magazine India
Developers have until June 30 to lodge bids to develop plots of solar capacity across the national rail network paying no more than Rs2.71/kWh for the electricity generated under a 25-year contract.
The Railway Energy Management Company joint venture created by Indian Railways and state-owned engineering consultancy Rites Ltd has invited bids for the development of 1 GW of solar generation capacity on the state rail company’s land.
This fits nicely with the above.
Indian railways gets $750 million ADB fund for track electrification
The fund will be used for a broad modernization program that will help Indian railways to transition from dependence on fossil fuels to renewable energy.