Solar power tariff to ease soon !

Chinese government is easing its pace of expansion programme in solar power projects this year. It is also restricting the subsidies accorded to solar power. The move is expected to reduce solar panel price in China which in turn will also ease import prices in India. It may be noted, India accounts for over 31% of solar module imports. However, the move will provide a challenge to domestic manufacturers in India, who will face price pressure from increasing imports.

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