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Title: Crisil slashes India’s renewable energy target
Source:Mint

India will achieve installed solar power capacity of 70 GW by March 2023, ratings company Crisil said, lowering its July 2018 estimate of 79 GW. The government set a target of 100 GW of solar capacity by 2022, against the existing 22 GW. The target is growing more distant and the shortfall by which India will miss it is growing bigger, Crisil said. “The regulatory/policy support (for renewables) is itself emerging as a key risk," said the Crisil report. “The renewable energy domain is highly dependent on policy support and any uncertainty on that front can have strong negative consequences."




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