While Government of India has fixed soiar power target of 22000 MW (both grid based and off grid based), for the period 2022, the progress towards the target is inadequate. The cost of solar power has come down in recent time, due to international price fall of polycrystalline silicon due to global recession. However, price of polycrystalline silicon is likely to go up in the global market, with the improvement of the global economy. For every MW of solar power, 10 tonnes of polycrystalline silicon is required. Indian solar power project have become highly vulnerable, as there is no production of polycrystalline silicon in India.
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