High Module Prices To Impact Project Returns In India

ICRA: Around 4 GW Solar Power Project Capacity Awarded In India May Suffer If High Module Price Trend Sustains; Increase In Metal Prices Also Pushing Up Overall Capital Cost For Planned Projects

High demand for solar polysilicon over past few months has been pushing up prices for the end product, solar modules. Project developers in India are also feeling the heat since the market is heavily dependent on imported modules.

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