India needs solar equipment imports worth $30 bn annually: GTRI
In 2023-24, India imported $7 billion worth of solar equipment, with China supplying 62.6% of these imports.
In 2023-24, India imported $7 billion worth of solar equipment, with China supplying 62.6% of these imports.
Implementation had slowed in FY22 and FY23 due to the Covid-19 pandemic-related disruptions and challenges stemming from the efforts to protect the Great Indian Bustard bird.
Several projects stuck in the habitat of the Great Indian Bustard (GIB) in Gujarat and Rajasthan are still waiting for the Supreme Court order to receive transmission connectivity.
Solar contributed 76% of overall new power capacity installed in the country -- about 12 GW, says Mercom Capital India.
The capacity addition in the first six months of 2022 is a record 59% increase when compared to 4.5 GW installed in the same period of last year.
Solar capacity additions in the country were affected in the last two years due to the Covid-19 stalemate and recovery was seen only in the last 2-3 quarters.