Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
While the nation’s recent Union budget announced steps to create an electric vehicle market, the solar sector still has issues that have not been addressed.
With Narendra Modi’s government stunning pollsters with another huge win, the solar industry expects renewable power momentum to be maintained with steps including anti-dumping duty on solar module imports, a national policy for rooftop solar and an emphasis on easing private-sector participation in the power sector.
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