India gets 10 GW proposals for setting up solar equipment manufacturing capacity
NEW DELHI : India has received proposals for setting up 10 gigawatt (GW) of solar equipment manufacturing capacity, said petroleum and natural gas minister Dharmendra Pradhan on Tuesday.
This follows India’s plan of imposing tariff and non-tariff barriers to put a check on all imported solar cells, modules and inverters, that will make their sourcing from China expensive. Around 80% of the solar cells and modules used here being bought from China and accounted for around $2.16 billion of imports in 2018-19.
“Under the ‘Atma Nirbhar Bharat Abhiyaan’ or Self-Reliant India reform announced by Hon’ble Prime Minister Narendra Modi, our country has received proposals from various players for over 10 GW of fresh solar equipment manufacturing,” Pradhan said while speaking at the first World Solar Technology Summit hosted virtually by the International Solar Alliance (ISA).
