It is hard to tell. IT is not like we are going to get answers/explanations from anyone in real time. All it shows really so far is that things are still being worked on and we are still in the game even if chances of success are slim.
If you think back to May/June, getting India finished was the goal that would help launch things as the contract (PPA -power purchase agreement) was huge. I think , if I remember correctly the signed PPA after the pilot stage was done would be able to be financed against, it would also provide motivation for other investors that might have been on the sidelines. So good news out of India could possibly be very good if it is related to that contract moving forward.
Of course that does not fix all the other problems immediately.
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
