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Competitive bidding will lower procurement costs
The bids are fairly aggressive and assume most of the project risks to play out favourably. For achieving the good returns, generating PLFs of close to 35 per cent will be necessary through the life of the projects. Hence, location of the project will be very critical.
Rahul Prithiani, CRISIL Research, RPO, OEM, PLF, Solar PV Plants, APPC, Discoms, Goi, PPA, IRR
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Govt must catalyse residential rooftop growth
Chasing a stiff 2022 target of 40 GW, India´s rooftop solar industry is finally coming into its own. Registering a phenomenal growth of 113 per cent over the past one year, the country´s rooftop solar capacity has recently crossed the 1 GW mark, a milestone that should inspire the industry to give a much-needed impetus to this nascent segment and set the pace for unprecedented capacity additions in the years to come
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