CRISIL Research expects solar power capacity addition to ramp up to 56-58 GW between fiscals 2019 and<\/p>\n
2023, compared with 20 GW between fiscals 2014 and 2018. This will be driven by capacities allocated\/<\/p>\n
tendered under the National Solar Mission, state solar policies, other schemes driven by SECI (ISTS, winsolar<\/p>\n
hybrid etc.) and PSUs. Additionally, even though 7-8 GW of capacity additions are expected under<\/p>\n
solar rooftop over the same period, the pace of growth for the sector is going to fall behind the overall target<\/p>\n
set for it.<\/p>\n
We expect some delay in project implementation on account of the duty as the \u2018change in law\u2019 clause is<\/p>\n
expected to be sought for ~12 GW of under-construction projects. Logically, domestic module<\/p>\n
manufacturers would become the main suppliers to solar developers in India. However, their supply<\/p>\n
capacities are far short of the annual demand of the sector. Hence, we expect a rise in capital costs over<\/p>\n
the near-term due to the duty. Additionally, in light of falling module prices, the impact of the duty remains<\/p>\n
to be seen.<\/p>\n
\n","protected":false},"excerpt":{"rendered":"
CRISIL Research expects solar power capacity addition to ramp up to 56-58 GW between fiscals 2019 and 2023, compared with 20 GW between fiscals 2014 and 2018. This will be driven by capacities allocated\/ tendered under the National Solar Mission, state solar policies, other schemes driven by SECI (ISTS, winsolar hybrid etc.) and PSUs. Additionally, […]<\/p>\n","protected":false},"author":3,"featured_media":1625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[31],"tags":[1102,1103,1104],"class_list":["post-1677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crisil-research","tag-national-solar-mission","tag-solar-rooftop"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t