India Delays Solar Auction Bid Deadline for Second Time
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India delayed the deadline for companies to submit bids in its next national solar auction for a second time after developers raised concerns about the ability of cash-strapped state utilities to pay for power.
The deadline has been pushed back by almost a month to Jan. 20, state-run Solar Energy Corp. of India, which will conduct the auction of 750 megawatts of capacity, said on its website. Earlier, it delayed the deadline from Nov. 29 to Dec. 28.