I read the same article from Indian MNRE, but I am sceptical:
a. the local capacity is 2GW
b. Is bankable.
Indosolar is literally bankrupt with 360MW, Websol has 120MW going on 200MW due to ReneSola. Tata BP is also semi-dead with 125MW of old legacy equipment, Moser Baer is completely dead with 150MW.
Canadian, Yingli, Trina, China Sunergy and now Jinko combined will drop yearly average capacity of those companies in a fiscal quarter moving forward. That 2GW is as good as dead, unless it is used for outsourcing like SOL’s deal with Websol, who actually is a company complaining about Chinese cells and part of the investigation.
I will get into contact with analyst I know in India and see what we can find out.