 "Solar Power, National Solar Mission")
The national solar mission target looks doubtful as policy uncertainty takes its toll on investor sentiments.
The reluctance of state-owned utilities to sign long-term contracts to buy costlier solar energy is not helping the matter either.
India has envisaged adding 1 lakh MW (megawatt) solar power capacity by 2022. Against that, it has added a little over 23,000 MW so far.
The initial pace of solar capacity addition was quicker than expected thanks to cheaper imports of equipment. But under pressure from local manufacturers, the Narendra Modi government has curbed solar equipment imports, hurting investor sentiments.
The reluctance of state-owned utilities to sign long-term contracts to buy costlier solar energy is not helping the matter either.
India has envisaged adding 1 lakh MW (megawatt) solar power capacity by 2022. Against that, it has added a little over 23,000 MW so far.
The initial pace of solar capacity addition was quicker than expected thanks to cheaper imports of equipment. But under pressure from local manufacturers, the Narendra Modi government has curbed solar equipment imports, hurting investor sentiments.
