Investor Presentation
Attractive Indian Solar Market
Solar Power is positioned to grow rapidly as a leading solution to India's structural power deficit
Fast growing Indian economy has
outstripped its power supply
India requires
134GW(¹) of new
capacity by 2020
Solar is the most affordable source of power(2)
Solar power is a key part of the solution
(US Cents/kWh)
7.5
3.7
4
18
24
22.0GW(3)
46%+
CAGR
100GW(3)
March '18
Installed
2022E
Government
1.
India's GDP Growth is estimated to have increased
7.4 per cent in 2017-18
Estimated 270 million people without access to
electricity (5)
Solar
Wind
Coal
Gas
Diesel
Capacity
Target
54% of all electricity capacity additions across
India are solar for FY18(3,4)
☐
India's average solar irradiation amongst the
highest in the world
■
Imported coal sets the price of power
■
Transparent and structured solar auction
World Energy Outlook 2015, India target capacity of 436GW by 2020. 2) Solar Press release| Wind: press release | Coal: Press release | Diesel and gas prices based on the average of the range as per Lazard Levelized Cost of Energy Analysis,
November 2017. in US$ per kWh | Exchange rate- INR65.11 to US$1 (New York closing rate of March, 2018), 3) MNRE 4) CEA 5) World Bank, State of electricity access report
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