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Solar Industry – A Push Towards Green India

Imposition of basic custom duty and introduction of PLI Scheme are big bang announcements, which have been met with cheer and optimism by the Indian solar industry. An enhanced production of solar cells/modules will have to be supported by a healthy demand of solar energy, stable investor sentiment and enforcement of RPO obligations. Further, as India races towards its ambitious renewable targets, efforts must also be made to mitigate any adverse impact that an accelerated progress will have on the environment write Deepto Roy, Partner; and Varnika Mohan, Principal Associate, Shardul Amarchand Mangaldas & Co.

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