We welcome four 500 MWs of solar project as we do see similarities to the UMPP policy of GOI whereby developers have to mandatorily source their Main Plant equipment (BTG) from domestic manufacturers. By adopting DCR for these four projects, government will give a lot of boost to local solar manufacturing industry and spur the investments. What this means is, solar industry in India is at the cusp of turnaround and ready to grow well beyond 20,000 MWs by 2022.
– Deepak Puri, CMD, Moser Baer India
