By Feb 2020, India had installed 35 GW of solar power
generation capacity. Solar power tariffs in India are among the lowest in the
world.
As of 2019, a third of the world’s total installed solar
capacity was in China, and 7 % in India.
The NDA government chose a strategy that
prioritised retaining a low minimum tariff on projects while increasing
protection against imported panels, thereby forcing developers to buy panels at
a higher cost. Since then, bidding processes have slowed down, highlighting the
incompatibility of these goals.
In Jul 2020 Modi said that as
part of Atma Nirbhar Bharat, the country’s aim is to end its dependence on
import of all equipment, including solar panels.
International experts said in March 2020 that India has seen too much policy inconsistency and change, as well
as state-centre conflicts, plus the drag of national policy objective
contradictions to be on track to achieve the goal of creating 175 GW renewables
capacity by 2020.
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