ICRA projects 7-7.5 GW solar power capacity addition in 2019-20

NEW DELHI: Rating agency ICRA said Tuesday that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar.

“The domestic solar power capacity addition is expected at around 7 GW to 7.5 GW (including around 1 GW of rooftop solar capacity) in FY 2020 as per an ICRA note, based on tendering and awards of projects in the last 12-15 months,” the rating agency said in a statement.