RISK AND CAPITAL BUDGETING PRACTICES IN INDIAN SOLAR POWER FIRMS

Capital budgeting procedures need to be brought up to date to reflect the most recent and standard procedures used in the global solar power business. Tracking the solar power business in industrialized nations is a great way to learn about cuttingedge approaches to capital budgeting. Using several capital budgeting approaches allows us to take use of as much data as feasible. Complex software's that can make use of many capital budgeting approaches should be developed and utilized for the capital budgeting process. Examining the Relationship Between Risk and Capital Solar energy companies in India are mentioned. The company would be able to implement necessary changes more quickly as a result of this. This software may also aid businesses in visualizing alternative project outcomes, allowing them to make more educated capital budgeting decisions or take the necessary remedial action. If the company wants to learn from its mistakes, it has to conduct a thorough audit of all of its previous initiatives