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Rupee depreciation set to impact investor returns in solar power projects

MNRE awarded around 10.5 GW of capacity to Solar Power Developers in 2017-18, when the rupee hovered around 64-65 per USD. The Rupee has now depreciated to 67-68 per USD. New Delhi: The depreciating Rupee, if unhedged, will impact investor returns in the bidding for solar power projects in the event of a significant exchange […]

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