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Modi govt plans state aid for solar factories

A 210b-rupee package is on the cards to lift installed photovoltaic capacity and to create an export industry

Published Tue, Oct 18, 2016 · 09:50 PM

New Delhi

PRIME Minister Narendra Modi's government is planning a 210 billion-rupee (S$4.4 billion) package of state aid for India's solar panel manufacturing industry, according to two officials.

The so-called Prayas initiative, short for for "Pradhan Mantri Yojana for Aug…

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