In 2015, India set itself a very ambitious task of expanding its installed base of renewable energies by more than five times to 175 gigawatt (GW) within seven years (by 2022). It was envisioned that 60 GW would be contributed by wind power. In 2018, the objective was revised upwards to 227 GW...

India needs to considerably accelerate its solar and wind energy capacity addition in order to meet its renewable energy (RE) capacity deployment targets. Besides policy commitments, the cost-competitiveness of RE tariffs is a major determinant of capacity addition. This paper focuses on the...