Not saying that you are wrong, but there are so many options out there... and the energy market has strong large companies that tend to kill initiatives.

Yeah, the amount of already raised money is VERY important, but WePower has a huge hype around it. Take a look at ICObench. Almost every expert set very high scores to this project.

I think that the RBI is going to continuously give such statements so as to avoid more increased adoption of bitcoins by the common folks of India. Most Indians don't look into the technical side of it, some don't have the capability to understand while some don't bother looking into it. The Government and RBI will be trying to regulate them, which cannot be achieved so they'll probably come with their own cryptocurrency. So if they are able to stop few investments into Bitcoins, those investments will likely be invested into the cryptocurrency the RBI / GOI comes up with. So basically block the investment into Bitcoins and fund their project. That what I think.