Key Messages

The novel coronavirus pandemic has brought the world to a standstill. It has created a lot of uncertainty for many businesses. The outbreak has affected the Indian solar industry, hampering manufacturing and project development. According to CRISIL, 3 GW-solar projects of ₹160 billion are likely to get affected due to delays. This is a matter of concern for Indian project developers. But, amid this gloom, there is a silver lining. There is a lot to discuss about how India has achieved new records in solar power generation.