Live
- All you need to know about PAN 2.0
- Akasa Air redefines travel experience with industry-first offerings
- MP: Residents stage protests against liquor shop in Indore
- Telugu Actor Shri Tej Booked for Alleged Cheating and False Promise of Marriage in Live-in Relationship
- Toyota Kirloskar Motor Celebrates 1 Lakh Urban Cruiser Hyryder on Indian Road
- MLS: New York City FC part ways with head coach Nick Cushing
- Delhi CM says Centre cutting AAP voters’ names from rolls, BJP hits back
- Hyderabad Metro Rail Phase-II Works to Begin in Old City in January 2025
- Odisha: 668 persons killed in human-elephant conflicts in last three years
- DEFENDER JOURNEYS: TO EMBARK ON ITS THIRD EDITION FROM NOVEMBER 2024
Solar manufacturing capacity to be tripled
Solar manufacturing capacity to be tripled
The central government has proposed a major push to domestic manufacturing of renewable energy equipment in the country that would completely eliminate the need for imports, particularly from countries such as China
New Delhi: The central government has proposed a major push to domestic manufacturing of renewable energy equipment in the country that would completely eliminate the need for imports, particularly from countries such as China.
As part of the plan, an accelerated manufacturing plan is being operationalised that is incentivising setting up of solar cell manufacturing capacity of 4,000 MW that would allow project developers to restrict import of this product completely.
Additionally, 3,000 MW of fresh solar cell capacity is being added under manufacturing linked bids for solar projects. This would incentivise power project developers planning manufacturing in India.
The current capacity of solar cell manufacturing in India is about 2,500 MW. This is proposed to rise over three times in coming years. In case of solar modules as well, 7,000 MW of capacity is being added in addition to existing capacity.
Power minister R.K. Singh had said that under 'Atmanirbhar Bharat' mission, domestic manufacturing capacities would be expended at a rapid pace for meeting goals towards import substitution.
The plan for renewable sector, he said, should not only be sufficient to meet the country's needs but would also support exports and earn the country valuable foreign exchange.
