With several fiscal boosts from the central and state governments, solar energy is growing phenomenally, but as Omkareshwar Pandey says, there is cause for caution.
FlashNews:
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Infrascape 2012 | Solar power: A bankable bidding process needed
The first phase of solar missÂion policy is on the ground, 100 MW of IREDA 1/2MW projects and 150 MW of NVVN projects in solar photovoltaic anÂnÂouÂnced. The sector has witneÂssed active participation from investors, equÂally well supported by solar manufacturers.
Budget Analysis: Thumbs up … well, almost
The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.