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Yet another green energy auction flops as investors stay away

NEW DELHI: The government’s efforts at accelerating green energy capacity through large-scale auctions suffered a jolt yet again on Friday as bidders shunned the auction for 1,200-MW ‘hybrid’ projects, forcing state-run Solar Energy Corporation of India to extend the deadline for the fifth time. This is the second renewable project auction to have flopped in […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ