Aggressive bidding at the Bhadla Solar Park auctions earlier this month saw solar tariffs touch a record low. But Manoj Kohli, executive chairman of SB Energy, which bagged two projects at the auctions, says they are still viable. Clearly, China’s internal solar roll-out plans have slowed down a bit and more of its capacity is being exported. This is a first in the history of solar projects of the last 7-8 years in India. Our shareholders and bankers are very clear, there should be no payment default.

Source: Economic Times May 24, 2017 19:46 UTC