CONTEXT:

• Rating agency ICRA has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar power.
• Solar capacity addition is estimated to have remained subdued at around 6 GW to 6.5 GW in the financial year 2018-19.
• Tendered project awards for solar PV (photovoltaic) projects during CY 2018 stood at about 11 GW against 4.5 GW in CY 2017.