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Solar Parks a Billion Dollar Opportunity for Foreign Investors

<p><span style="font-size:10.0pt">Solar parks have turned out as major attractiveness of Solar Industry in India. Recent auctions have seen major participation from Foreign Players, their keen Interest in entering the Indian Market has pushed prices down to a competitive level. Matching the prices in bid auction, Domestic players have also turned holistic and evaluated opportunities for less expensive financing options.</span></p> <p><span style="font-size:10pt">Government is also easing up Solar Infrastructure both in terms of evacuation and regulatory to forge Foreign Investments. Government support and insatiable switchover targets of renewable energy is poised to spur investments. Mulling over Transmission bottleneck is need of the hour.</span></p>