Welspun Energy, one of IndiaÆs leading renewable energy companies, has achie¡ved financial closure for a 50 MW solar photovoltaics project in Rajasthan.
Delay in land acquisition, approvals, project funding constraints...
A total of 371 projects – each amounting to Rs.10 billion or more – are delayed across the railways (leading with 174 delayed projects), power, roads and urban development with time and cost overruns compared to the original schedule.
NHAI has slowed down HAM bidding and is focussing on EPC bids.
Contracting companies share their experience in seeking financial closures