Mercom may lower India solar power installation forecast if duties are imposed

Mercom Capital Group, a global clean energy communications and consulting firm, said it may lower its India solar energy installation forecast of 1,000 MW in 2014 if import duties on components are imposed, while cautiously reiterating the estimate.

There hasn't been much activity in the solar energy industry over the past few months with elections underway. But there is anticipation that the incoming Bharatiya Janata Party (BJP) government will introduce measures to boost the industr ..

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