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Sunshine Blues

There is little one can do when one is caught in a downpour on a day that began in fine, sunny weather. It’s best to take shelter and wait it out, hoping that the sun would be back before long. Solar power companies in India are in a similar situation. No longer do they enjoy the benign macro conditions that prevailed four years ago when they set sail in good hope in the wake of the government setting a target of achieving a clean energy generation capacity of 175 gigawatts (GW) by 2022.

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