India delays national solar energy auction bid deadline again

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 20 January, state-run Solar Energy Corp. of India, which will conduct the auction of 750 megawatts of photovoltaic capacity, said on its website. Earlier, it had delayed the deadline from 29 November to 28 December.
The auction will be the first since 2011 by India