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The solar power tariff in India has experienced a drastic fall over the last few years. In India, the total solar power generation capacity increased from 461 MW in 2011 to 6, 763 MW in 2016. Over the last few years, the solar power generation capacity has increased significantly due to the favorable government initiatives with developments in manufacturing technology of solar panels. Our Indian solar industry is expected to have double-digit growth during the next few years, due to the government’s policy to increase the share of solar power in the country’s energy mix and falling equipment costs globally.
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