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Indian States Try to Cancel (Renege ?) on PV Projects

Discussion in 'Energy, Environment, and Policy' started by SageBrush, Sep 8, 2017.

  1. SageBrush

    SageBrush 2018: Drain the Sewer

    Joined:
    May 7, 2015
    Messages:
    4,645
    Location:
    Colorado
    I'd love to hear the inside scoop on this, or at least get some help in reading this news item
    Madhya Pradesh seeks to quash Goldman-backed solar project
    It sounds like the state is using bureaucracy to strong-arm the project developers into renegotiating the PPA to a lower rate but I am not sure.
     
  2. FlatSix911

    FlatSix911 918 Hybrid

    Joined:
    Jun 15, 2015
    Messages:
    4,234
    Location:
    Silicon Valley
    I do a lot of business in India and I do not find this the development surprising ... :cool:

     
  3. SageBrush

    SageBrush 2018: Drain the Sewer

    Joined:
    May 7, 2015
    Messages:
    4,645
    Location:
    Colorado
    Is that your read of the news article ?

    The state says they canceled the project due to delays in obtaining land use permits ... but if I am reading the news correctly (or reading between the lines correctly,) the state is with holding the land permits, effectively forcing the project to fail.
     

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