[ad_1]
Synopsis
Even though the Solar Energy Corporation of India (SECI) is yet to sign the power sale agreement with discoms, after a long gap, there has been some encouraging movement in the manufacturing sector. Despite GoI’s hard work on policy changes, India’s manufacturing capacity of modules and cells is not more than 9 GW and 1 GW, respectively.
By Parag SharmaGoI’s expected announcement of levying up to 40% basic customs duty (BCD) on solar modules has generated significant investor interest among solar module and cell manufacturers in India. With this, it seems we have finally cracked the structure to promote domestic manufacturing.GoI started a special incentive package scheme (SIPS) in 2007, and followed it up with 2012’s modified SIPS (M-SIPS) of the ministry of electronics and
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
To Read the Full Story, Become an ET Prime Member
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Access the exclusive Economic Times stories, Editorial and Expert opinion
Already a Member? Sign In now
Why ?
Sharp Insight-rich, Indepth stories across 20+ sectors
-
Access the exclusive Economic Times stories, Editorial and Expert opinion
-
Clean experience with
Minimal Ads -
Comment & Engage with ET Prime community -
Exclusive invites to Virtual Events with Industry Leaders -
A trusted team of Journalists & Analysts who can best filter signal from noise
[ad_2]
Source link