Modi embraces US dollar to spur Indian solar electricity boom

30-Jun-2015 #Policy News Source: Financial Review

India will soon invite bids for its first dollar-linked solar power contracts in an effort to attract greater overseas investment and cut development costs in the country. State-owned NTPC Ltd., India’s largest power generator, will award the tenders for 500 megawatts to 1,000 megawatts of electricity in July.

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