In Short : India’s electricity demand continues to reach new record levels due to rising economic activity, industrial growth, and increasing temperatures. The surge in power consumption highlights the need for stronger grid infrastructure and expanded generation capacity. Renewable energy, energy storage, and improved transmission systems are expected to play a crucial role in meeting […]
ICRA Flags Potential Consolidation in India’s Solar Module Industry Amid Rising Overcapacity – EQ
In Short : ICRA has cautioned that India’s solar module manufacturing sector may face consolidation as rapid capacity expansion outpaces near-term demand. With aggressive capacity additions, falling prices, and intense competition, several smaller players may struggle to remain viable. The industry could move toward larger, integrated manufacturers dominating the market while weaker firms face margin […]
