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Rupee Depreciation Adds to Renewable Energy Sector’s Woes

Currency devaluation could translate into higher EPC costs and project execution delays

July 14, 2022

/ Vijayalakshmi Sridhar
/ Mercom Research Focus, Solar,
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The Indian rupee’s recent fall against the U.S. dollar has added to the domestic renewable industry’s woes which is already struggling with rising prices, duties, and supply chain issues.

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Vijayalakshmi Sridhar

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