ArcelorMittal South Africa is inviting independent power producers (IPPs) to participate in a request for information (RFI) process for the supply and management of several photovoltaic (PV) power plants at its operations. A subsidiary of ArcelorMittal Holdings which is a leader in the global steel industry, ArcelorMittal South Africa is the largest steel producing […]
Return to growth: Given the mismatch between tariffs and risks, few new renewable IPPs being created
Power tariffs had declined significantly in 2016-17, ensuring price competitiveness. However, since then, RE sector risks have increased. Chhatrasal in a remarked that ‘The renewables sector in India is near-death. Capacity addition has markedly slowed down in this financial year. Few projects are achieving financial closure, and so, few projects are getting complete.’ (bit.ly/34I1JQr, FE, […]
