Author: Parveen Kumar & Abhishek Babbar, ASA
Solar energy sector has emerged as a significant player in the grid connected power generation capacity over the years. Specifically in India, it supports the government agenda of sustainable growth, while, emerging as an integral part of the solution to meet the nation’s energy needs and an essential player for energy security. India stands 5th in solar PV deployment across the globe at the end of 20221. Solar power companies face unique accounting challenges that require the accountants and auditors to have careful consideration and expertise. We will delve into these accounting challenges and also the focus will be to understand auditors consideration towards specific issues in this industry.
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