Low tarrifs cast shadow on solar projects
(WorldNews Business)

Leave little financial buffer to take care of cost overruns, implementation delays, grid curtailment Record low tariffs may cast a shadow on solar projects as low bids mean little financial buffer in case of hurdles such as cost overruns or implementation delays. Over-aggressive bids in the recent past may risk derailment of solar energy projects in the years to come. Even chief economic advisor Arvind Subramanian has aired his worry by saying that renewable power comes with hidden costs which cannot be ignored. According to a report by India Ratings & Research, there are counter party and grid challenges, too, affecting solar...