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Global Invitation for Solar Players - Where is Make in India ?

News:

To produce 20 gigawatts (GW) of solar energy in India has triggered a major policy shift with the government now looking at issuing mega global tender packages inviting companies to set up solar power generating capacity of 5-10 GW (5,000-10,000 MW).

Source: ET

SNP Insights:

Walking on the footprints of UMPP's in thermal power generation, solar power generation too in India is targeted to achieve via ultra mega power plants to match the so called 100 GW target. For achieving the plant capacity of 5-10 GW government has invited big players from across the globe. In future it might be seen that solar is dominated by foreign investor only. In MW Scale also company like skypower change the rule by setting new tariff benchmark and now again big change yet to come in GW.It is interesting to see in future that for Solar “Make In India” exists or not.

Source: SNP Infra Research