From what I understand, the case of SunEdison is mainly due to the circumstances around the financial leverage at the global level, which became unsustainable due to the market conditions. The takeaway is probably that we need to exercise caution and a de
Solar Energy Corporation of India (SECI) recently issued tenders for 500 MW rooftop solar PV projects. Do you think these projects will get implemented within the stipulated time line?
This is indeed a good initiative. The rooftop solar area is promising in the medium to long run and can be a new paradigm for the Indian power sector. The SECI initiative will help give the much needed boost to the ecosystem and help attract developers and investors into this space in a bigger way. This will eventually become self-sustaining as the economics begins to work out. If the bid processes are concluded quickly, it may be possible to achieve a large part of the capacity within the stipulated time line.
The government has also increased the subsidy allocation limit from Rs 600 crore to Rs 5,000 crore till FY 2020. Do you think this is sufficient to