India has set an ambitious target of having 175 GW of renewables including 100 GW of solar energy by 2022. Inconsistent government actions cast a shadow over solar energy developers’ sentiment and slowed down capacity addition momentum, a report by CRISIL Research said Monday. India has set an ambitious target of having 175 GW of […]
Solar power developers jittery on rupee depreciation, safeguard duty
This will especially be the case for players who are yet to place the orders for their modules as these are placed after the land and other clearances have been obtained and the basic infrastructure is in place New Delhi: A historic depreciation in the value of the rupee coupled with the imposition of 25 […]
Solar tariffs set to rise on rupee depreciation, rising interest rates, safeguard duty
India has awarded solar power projects of around 9,000 Megawatt capacity after bidding in the past five months under the national solar mission and the state utilities schemes New Delhi: Solar power tariffs are facing upward pressure thanks to the latest Depreciation of the Rupee against the Dollar, imposition of safeguard duty and rising interest […]
