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flag India's renewable energy sector struggles with tender demand issues and project cancellations despite growth predictions.

flag India's renewable energy sector faces challenges including weak tender demand, delays in power agreements, and project cancellations, according to a report. flag Despite issuing 73 GW of renewable energy tenders in 2024, issues like undersubscription and cancellations have emerged. flag UBS Research predicts strong capital expenditure growth in India's power sector, reaching Rs 5 trillion annually by 2030, mainly driven by renewable energy projects and T&D network upgrades.

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