NEW DELHI (Reuters) -India’s federal renewable energy ministry is in talks with state governments to buy more clean energy as many state-run utilities have been delaying purchases, the country’s renewable energy minister said on Monday.
“Trying to convince state governments which are looking for power prices to fall further. Will hold a second round of talks soon,” federal minister Pralhad Joshi said at the Confederation of Indian Industry’s energy conference.
India has over 44 gigawatts of unsold clean energy, government data shows, due to lower demand from state power utilities.
(Reporting by Sethuraman NR; Editing by Christian Schmollinger)