Commissioning of interstate transmission lines is progressing gradually. This is expected to speed up renewable project installations. Recent mergers, acquisitions, and potential listings by developers should also provide more capital to accelerate capacity additions.

Solar plus energy storage systems are now cheaper than ever. Recent tenders discovered tariffs as low as ₹2.7-2.76/kWh. Developers will supply power for peak and morning hours along with normal solar generation. These savings can help maintain profitability despite lower tariffs.

Power demand is slowly rising, with September seeing a 3% year-on-year increase. Experts expect a further rise in October and November due to colder weather and higher industrial activity. Slower tendering and clearing old auction backlogs could strengthen investor confidence in India’s renewable sector.

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