Sunny days ahead
The domestic solar industry is no longer in complain mode, says M Ramesh
Just about four months ago Indian solar cells and modules manufacturers were complaining about “injury” from cheap imports and demanding protection. Today the mood in the industry is upbeat.
The reasonThe reason is simple. In the words of H R Gupta, Managing Director, IndoSolar, the “message coming from the government is very encouraging.” Quoting the Ministry of New and Renewable Energy (MNRE), Gupta says that 10-15 GW of solar installations every year will be a reality. Since a slice of it is reserved for plants that shall use only locally made cells and modules, the industry is happy.“Domestic manufacturing is reviving,” Gupta toldBusinessLine. There is a visibility of 1,700 MW under ‘domestic content requirement’ stream of tendering, where companies that win mandates to sell solar power shall use only India made cells and modules in their plants. Of this, 660 MW has already been offered; the other 1 GW is expected to hit the market in the next three months.