Mercom Insider

Solar Tenders Decrease, as Auctions Rise YoY in Q4 2021

MSEDCL accounted for 28.3% of the total tenders floated in the quarter

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Solar tenders totaling approximately 6 GW were floated by various government agencies in the fourth quarter (Q4) of the calendar year (CY) 2021, an increase of 6% compared to 5.8 GW in Q3 2021, according to Mercom India Research. The figures were down by 26% compared to the same period last year.

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