"Make in India is yet to become a reality"
Confusion regarding GST rate on solar and safeguard duty on SEZ-based manufacturing units are not allowing the domestic manufacturing industry to grow, feels Ivan Saha, BU Head- Solar Manufacturing and CTO, Vikram Solar.
"Hybrid policy would benefit the RE target"
According to Badrinarayanan Thirumalai, Head of Business-Solar, Anchor Electricals (A Panasonic Group Company), at the moment only big players can participate in the utility scale hybrid policy.
Uttar Pradesh set to be 1 trillion dollar economy
81 projects worth Rs 600 billion, that were a part of 1,045 Memorandums of Understandings (MoU) signed at the Uttar Pradesh Investors’ Summit, will help the state to set up a one trillion dollar economy.
Wind segment to enhance energy security
The revised renewable target for 2022 is 227 GW, including 67 GW. We welcome this move as it will also enable India’s energy security and transition to a low-carbon economy. It is also a testament of the government’s confidence in the sector to deliver the targets
India to be a global hub of superior LED products
With the country's overall lighting market valued at Rs 100 billion currently, there is ample room for further growth in the LED segment, says Rakesh Zutshi, President, Electric Lamp and Component Manufacturers' Association of India (ELCOMA) & Managing Director, Halonix Technologies.
In Need of An Overhaul
Growth of rooftop solar installations in 2018 is likely to witness a decline on the back of regulatory complexity and policy uncertainty. POWER TODAY spoke to a cross-section of experts to understand what it would take to return traction to the segment.
Equipment manufacturing likely to grow by 15-20%
In any given project - be it power, solar, wind, railway or process industry - the share of electrical scope is approximately 30 per cent in which 10 per cent would be for power electronics and 20 per cent towards conversion and general electrical equipments.