JSW Solar has said it will put its ambitious expansion plans on hold because of uncertainty in the Indian solar power market . The COO of the panel manufacturer and installer , Sharad Gupta , said it was not clear whether projects developed using government support and subsidies would be sustainable long term . Himachal Pradesh: He added the imposition of a safeguard duty , as well as competition from private equity firms , which could bid at lower prices , were also behind the decision .
JSW Solar has said it will put its ambitious expansion plans on hold because of uncertainty in the Indian solar power market . The COO of the panel manufacturer and installer , Sharad Gupta , said it was not clear whether projects developed using government support and subsidies would be sustainable long term . He added the imposition of a safeguard duty , as well as competition from private equity firms , which could bid at lower prices , were also behind the decision .