As Wind sector went into turmoil due to policy issues like FEED in Tariff to Reverse bidding auction way, so now as agencies are thinking to scrap reverse bidding and bring something new –can this sector revive
Currently my understanding is yes
It will improve the bidding rates to realistic level ( as compared to unsustainable low levels)
It will improve bidding in states apart from Gujarat and Tamil Nadu
It will improve margins of players
New biddings coming for offshore projects can revive this and confirm this
Started reading and went through full thread and company presentations from last three years.
Watching this space with curiosity and may take some quantity
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