New Delhi, Sept. 23 -- India's renewable energy roadmap has hit an obstacle with no buyers for electricity from projects with about 30 GW of combined power-generating capacity. Although the backlog has declined from about 55 GW, offtake agreements for power from these projects is yet to gain momentum.

On Monday, Union minister for new and renewable energy, Pralhad Joshi, said the government will soon hold a second round of talks to persuade states to sign power purchase agreements for renewable energy. Mint explains the issues behind the unsigned PPAs.

A power purchase agreement is a long-term contract between an electricity producer and a buyer, typically a government agency, for the sale and purchase of energy at a negotiated price. ...