Government’s target to set up 100 GW of solar plants drives local, foreign companies

01-Jun-2015 #Policy News Source: Economic Times

In order to take advantage of Prime Minister Narendra Modi’s announcement to set up 100 GW of solar plants from the current small base of 3000 MW, foreign solar cell makers are planning to set up solar manufacturing facilities in the India in partnership with local players. With the local industry not geared to meet the total demand of solar energy, foreign investors have immense opportunity to invest in the sector.

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