Solar tariffs in India have continued to fall during the last 2-3 years, almost reaching grid parity levels. Claims of reaching coal-parity in a not-too-distant future are no longer considered impossible. The key question is no longer how low solar tariffs can go but how quickly. Are these falling tariffs sustainable? Will such low tariffs propel growth? Are lenders financing these projects? What are the risks in the industry? These are some of the key questions in the mind of stakeholders who are either present in the Solar Industry or evaluating entry into this industry. In this whitepaper Rahul Gaba and Gurpreet Chugh describe the key drivers of solar tariffs, explore how low the tariffs can go, gauge what risks the industry is facing and caution on factors that can de-rail this growth.
Download the whitepaper to learn more.