The announcement came as the country confirmed that 1.12GW of new contracts have been offered under the latest fourth tender round – which may now be expanded to take on further capacity.

The government has offered preferred bidder status to 13 projects totalling 1,121MW under its fourth procurement round. Of those, 676MW are wind projects and 415MW solar.

The projects are due to reach financial close in the fourth quarter of this year, with the first reaching commissioning stage in November 2016.

Developers