The Indian solar sector is not new to uncertainty and has adapted itself to challenging and threatening circumstances. Past experiences and learnings from tender cancellations and delays, power purchase agreement (PPA) renegotiations, and GST and safeguard duty implementation have made the industry more agile and prepared. However, the present uncertainty due to COVID-19 has led to unimaginable disruptions.

The present situation has not only deferred new tenders but delayed existing projects under various stages of commissioning. In addition, timelines to implement new initiatives like certification of solar modules and inverters will now be extended. The lockdown has reduced the power demand from industries leading to surplus power in the grid. A situation like this can delay the issuance of new tenders and lead to curtailment of power from existing and upcoming renewable energy power plants.

The webinar will highlight appropriate interventions that can address the immediate and short term concerns of the sector. We will deliberate on the key medium and long term interventions that may be required to regain the momentum needed to meet the 175 GW and the 450 GW target. Optimism in times like these will not only ensure better preparation for tomorrow but increase our tolerance to absorb any fallouts due to uncertainty.