Tata Power Wins Approval to Postpone Solar Target to 2016
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Tata Power Co. won approval from an Indian state electricity regulator to postpone fulfillment of annual solar-power procurement targets by as many as five years to 2016.
The utility unit of India’s biggest industrial group has been unable since 2010 to source enough solar power to meet government renewable mandates because of a shortage of sun-based generation in the country, the Maharashtra Electricity Regulatory Commission said in a Dec. 20 order.