India will remain one of the fastest growing solar PV markets around the world in 2017 even as other major markets slow down, said a leading analyst in the country.

According to forecasts from Bridge to India, total new capacity additions of over 9GW are predicted for the coming year, up 90% on 2016 figures.

In addition, up to 8GW of new utility-scale capacity allocations by Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) and states including Madhya Pradesh, Maharashtra and Tamil Nadu are envisaged, attracting lower tariff bids.

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