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Financially Strained Utilities and Transmission Costs Threaten Renewable Expansion Goals.

India Mulls Scrapping 42 GW of Green Power Projects Lacking Buyers.                                                                                                                                                          

India may cancel up to 42 gigawatts (GW) of renewable energy projects—nearly one-fifth of its planned green capacity—due to the absence of power purchase agreements with state utilities. The power ministry’s review advised shelving unviable projects to free up grid capacity amid a rapid clean energy rollout. While the move could improve grid efficiency, it poses a setback to India’s target of achieving 500 GW of clean power by 2030. Financially burdened state utilities remain hesitant to buy renewable power because of its intermittency and the rising cost of transmission as subsidies are phased out. Developers have been urged to integrate battery storage to stabilise supply. From June 2025, inter-state transmission charges will apply—starting at 25% and rising to full rates by June 2028—under new Central Electricity Regulatory Commission rules. Experts say the policy shift underscores India’s transition toward a more market-driven, storage-backed renewable ecosystem.