June 2022
The COVID-19 pandemic disrupted the renewable market severely, but induced market resilience and government’s proactive measures quickly revived the market. The long-term outlook of renewable market remains positive with India’s commitment in COP26, surging electricity demand and government approval to Reform Revamped Distribution Sector Scheme (RDSS) for improving DISCOMs operational efficiency. However, the sector volatility remains high with expected rise in interest rates, Great Indian Bustard (GIB) and imposition of ALMM and BCD.
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