Energetica India Magazine nº88 March-April 2020

27 energetica INDIA- March-April_2020 Like many other countries worldwide, India imports solar components from China, wherein the cost for solar modules accounts to almost 60% of the total cost of a solar project. However, due to the recent coronavirus crisis in China, there have been delays in the overall supply chain of manufacturing solar components. Currently, the Chinese companies domi- the pricing is very high as what was expected, so because of this we already stress margin of EPC players who are even more stressed. so, it does not help us at all, and us being the end of the value chain where we are almost the end consumers of the panel. All the variability across the value chain from the procurement of the bill of material of the panels to the manu- facturing to the supply chain, all that variability comes back on to us and in return, we have to bear the brunt of the increasing prices because we already have signed contract with our end customers. Ms. Imaan Javan SOLAR POWER