Solar power project tenders floated by multiple implementing agencies in India rose 5% year-over-year to over 13 GW during the third quarter of the calendar year 2023, according to Mercom India Research. Tender announcements were flat quarter-over-quarter from July to September. The pace of tender announcements has failed to accelerate even after the government issued the 50 GW renewable energy trajectory target for financial years 2024-28.