Monday, 30 November 2015

Drop in Rupiya and Slow Economy of China Affecting the India's Solar Power Target

Most of the parts used in solar plants gets imported from other countries and many Chinese manufacturing company who was the major suppliers of these modules have closed down due to the falling and slow Economy of China. Now, Drop in Rupiya has increased the investor's cost which is resulting in delay to achieve the Solar Power Target in India. Escalation in American dollar is affecting the global currency. Rupiya touched the lowest in last 2 years and Forex expert says, it may go down to the 67.50.

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Location: Indore, Madhya Pradesh, India


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