“Our stated policy is to avoid sudden surprises and instability in tax policy”, the finance minister famously said in his 2015 budget speech. It is ironical that the country witnessed the biggest surprise in many decades in the form of demonetisation announcement on November 8, 2016.
For the renewables energy, it has been a fairly consistent and bullish story, especially as far as the solar sector is concerned. Not only did we touch 10 GW installed capacity in solar, we seem to be on track to hit the 40 GW utility solar target by 2022 even though we still need to