If the wind turbine manufacturers are not exactly happy, nor are the solar power folks, it appears.

“There are no major surprises in the budget for the solar industry. Reductions in Accelerated Depreciation and Section 80-IA benefits had been announced last year, and the budget is consistent with those announcements. While removal of those incentives can be expected to increase solar tariffs across the board, we are still expecting very strong growth in the industry in FY 2017-18, and particularly in the commercial and industrial rooftop and open access segments, based on strong fundamental economics for solar power, as well as a push from governments for solarisation of government rooftops and educational institutions. Particularly for rooftop solar, where CleanMax is the market leader, we expect FY 2017-18 to be a big year," said? Andrew Hines, Business Development Head, South India, CleanMax Solar Pvt Ltd.

CleanMax Solar is India’s largest provider of on-site solar power. The journey began in the year 2011 and since then, the company has successfully installed more than 200 projects, with a combined capacity of 75 MWp. This makes CleanMax Solar the #1 rooftop solar developer in India, with a market share of 23% (as per India Solar Rooftop Map 2016).