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Expensive Solar Power : Threatening "Make in India" Plans for India

News

PM has raised the target for solar electric capacity from 20,000MW to 100,000MW by 2022 at a cost of maybe $100 billion. This is a serious blunder. It will sabotage his " Make in India" plans by technically disrupting the whole electricity grid, and raising the cost of a critical manufacturing input electricity.

Source : ET

SNP Insight

The massive planned capacity of 100 GW for solar is projected to raise the production cost by 2022 due to high consumption of expensive solar power, badly hitting the "Make in India" plans for the country.Hence, the concern has raise a question mark on the viability of India to go solar.

Source: SNP Infra Research