Govt to support domestic solar industry

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Mr. Taroon Kapoor said that Public sector companies may bring the sun out for the domestic solar manufacturing industry. He denied commenting on backdrop of India WTO ruling in case of DCR requirement instead he said that official ruling is not yet out. However he asserted that the Centre would continue to support the domestic industry.

He also mentioned if necessarily then center can ask PSUs to go for domestically manufactured solar panel only. India has close to 1,400 MW of cell capacity and about 2,900 MW of module capacity (cells are used to make modules), which can be easily absorbed by PSUs. Large PSUs such as NTPC, ONGC and Coal India, and departments such as the Defence and the Railways, intend to put up several gigawatts of solar plants.

HR Gupta, Managing Director of IndoSolar Ltd mentions that many countries including USA has rule to buy domestically manufactured panels. he also mention that if domestic industry is not supported then there is geo political risk.

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