Standard Post with Image

Massive Investment Plans in Wind Segment: Worrisome Proposition for Solar or Not ?

News

India's wind power sector is likely to attract investments of more than Rs 1 lakh crore over next five years as the installed capacity is expected to double by 2020 on the back of government's initiatives making the sector profitable and sustainable 

Source ET

SNP Insight

Massive investment plans of INR 1 lakh crore coupled with high capacity additions in wind segment by 2020 is undoubetdly big boost for the renewable market in India. But,might hit the market sentiments for solar in the country.Also,the better grid connectivity of wind power in comparison to solar might once again trim down the visibility of sun in the renewable portfolio.

Source: SNP Insight