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Poor Health of Discoms May Dwindle the Bullish Market of Solar

News:

A weak link lurks in Prime Minister Narendra Modi’s push for an unprecedented $200 billion expansion of clean energy: cash-starved state electricity distributors.
Source: Live Mint

SNP Insights:

Preference of cheaper power over clean by discoms may backfire the bullish market of solar diminishing the investor confidence. The risk of investors may be hedged by linking the solar power to the industrial consumer and bundling it with thermal/hydro. Also, government should now shift focus from unutilized generation side to distribution segment.
Source: SNP Infra Research