India has a stated objective of achieving 40 per cent of installed capacity from renewables by 2030
The earlier bidding process which was carried out by NHPC in February, 2019, was cancelled due to lack of response from state discoms
The public sector undertaking has already deposited Rs 134.36 crore to Odisha Compensatory Afforestation Fund Management and Planning Authority (CAMPA) account.
In fact, as part of the broader plan, NTPC is backing down thermal power in places where it is easier to make room for renewable power
In terms of net new capacity installs to date in 2019-20, 5.7 Gw or two-thirds have been contributed by renewables whereas thermal power witnessed a net addition of 3.1 Gw
About 51% of 156 thermal plants across 12 states whose data could be obtained declared themselves compliant with water norms early this year
Existing water shortage has already forced 61 thermal power plants to shut down between 2013 and 2017, leading to 17,000 gigawatt hours of lost generation
As of May 2019, India's total thermal power capacity stood at 226.3 Gw
Cost of projects across the country climbs to Rs 5.07 trillion from Rs 4.46 trillion, following implementaion delay of four to 78 months