Mercom sees interest rates falling for solar projects

18-Nov-2015 #Company News Source: Times of India

According to research firm Mercom Capital Group, India’s solar installation capacity would reach approximately 2,150 MW in 2015 and 3,645 MW in 2016. The report further says that interest rates for solar projects have decreased significantly to reach 11-12 per cent range from 13-14 per cent a year ago.

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