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Solar projects worth Rs 28,000 cr face viability risk on falling rupee

Tuesday, October 30, 2018, 5:46 PM

Nearly half of the solar power capacities under implementation, worth Rs.28,000 crore, face viability risk because of the continuous fall in rupee, which has made imported solar modules costlier and increased the cost of setting up solar-plants. Rs.28,000 crore worth of solar power capacities include 5,500 MW of projects bid out in the past 9-months at very low tariffs of Rs.2.75/unit or less.

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