Suzlon, Inox Wind Share Price Drop Amid Govt's Reverse Auction Consideration | Stock Market News
Zee Business Video Team | Updated: March 4, 2024 03:57 PM IST
Wind energy stocks like Suzlon and Inox Wind saw a decline on March 4 following reports of the government contemplating reverse auctions for wind capacity power. The Ministry of New and Renewable Energy is revisiting its stance on reverse auctions due to undersubscription and higher tariff discovery in recent bids.