Tamil Nadu fails to hit 1,000MW bidding target – PV Tech

Madhavan Nampoothiri was interviewed for PV Tech ‘s coverage of the failure of Tamil Nadu 1000MW bidding to achieve its target.
Madhavan Nampoothiri, Founder and Director of RESolve, said the low turnout was due to the rushed allocation process putting “pressure” on prospective bidders.
“The shortfall in applications is a proof of that. The huge interest which was evident during the pre-bid meeting has not translated to actual bidding because of various concerns on the part of the developers,” he said
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