power projects.See below for the problems besetting India’s thermal power project developers.Note wind and solar power projects are seeing more interent from debt syndication lenders like IDFC,IL&FS because of 2 reasons
a) Strong support from state and federal governments which are going all out to support Renewable Energy through tax breaks,feed in tariffs,capital subsidy
b) Secure Power Purchase Agreements (PPA) by NVVN at even higher prices for green energy
c) No problems of fuel supply availability that plagues the coal and gas power plants in India
d) Lesser Environmental issues that beset the Coal Power and Nuclear Power Plants in India with local agitations
e) Land Acquisitions problems are also lower as solar and wind power plants don’t require prime land