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RE Capacity Growth in India Needs a Wholesale Change in Approach to Bidding in the FDRE Tenders
The report argues that India's Firm & Dispatchable Renewable Energy (FDRE) tenders require a fundamental shift in how developers bid. It suggests that the current focus on levelized costs and CAPEX efficiency is insufficient for next-generation PPAs, which transfer more risk to developers. To remain competitive and sustainable, developers must evolve into 'Developers 2.0' by strengthening power market modeling, trading functions, and risk management to handle price volatility, volume uncertainty, and cannibalization risk.
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Document type: Report
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