Tata Power agreed to buy Welspun Renewable Energy earlier this month for INR92.49 billion (US$1.42 billion). Against the backdrop of fiercely competitive bidding, Mercom Capital Group chief executive and co-founder Raj Prabhu, explains the scene of potential mergers and acquisitions in the Indian solar market.
2015 was a landmark year for the Indian solar industry, with the 100GW by 2022 target approved and a significant ramp up of deployment. Bridge to India's Jyoti Gulia discusses the challenges ahead regarding project delays, transmission infrastructure and financing.