US EditionIndia scraps norm that kept renewable energy prices uniform, to speed up power deals
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India scraps norm that kept renewable energy prices uniform, to speed up power deals
India scrapped a uniform renewable energy tariff mechanism aimed at protecting renewable energy buyers from fluctuating prices. The central pricing system imposed on projects was dropped after developers raised concerns that it was slowing down power deals, Reuters reported. The Ministry of Power said it was dissolving the solar power central pool and the solar-wind hybrid central pool, set up in February 2024 to standardise tariffs for clean en…
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