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It is not just 100GW Solar target, positive macroeconomics beckon investors to India
The target of 100,000MW for solar generation by 2022, announced by the Indian Government, has attracted unprecedented interest from national and international investors. The investors, many of whom are completely new to power sector, were attracted by the long term Power Purchase Agreements (PPAs) and short gestation time for the project besides not having any dependency on fuel linkages. Of course, falling prices of solar cells and competitive bidding have brought the solar power tariffs in India in the range of Rs 5.09 to Rs 5.88 per kWh and quite attractive compared to wind, biomass and even new thermal power projects. |
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Financing India’s Solar Revolution: Opportunities and Challenges – Webinar by SolarPlaza
Can India achieve the target of adding 100,000MW by 2022 ? |
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A path breaking approach to sustainable urban and rural transportation!
Our hypothesis that India can target more than 100GW solar easily if solar is used for charging electric vehicles.
We should plan solar charging stations in ‘smart cities’ to begin with, and in rural areas and along the highways in due course.
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