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ESG and internal investigations: New compliance challenges
As ESG concerns have come to the forefront in different jurisdictions, the scope of these inquiries is expanding in kind.
Developers wary of scheme's hurdles
India | Publication | septiembre 2023
Originally published in ReNews.
High costs relative to local electricity tariffs and poor supply chains may challenge offshore wind bidders in India, observers have warned.
“Competitive tarifs” are expected when logistic networks grow but until then bidders face the “complexities of developing offshore wind” in emerging markets with a limited scope, India’s trade ministry said.
Cost hurdles, for example the need to develop local ports, loom for developers, Norton Rose Fulbright’s Rebbapragada said. Only some 1GW of capacity auctioned will get funding and support.
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