Search
+
    Read. Lead. Succeed. ET Prime - For Members Only
    • Sharp Insight-rich, Indepth stories across 20+ sectors
    • Access the exclusive Economic Times stories, Editorial and Expert opinion

    View: India's solar dreams can't be fulfilled under the clouds of regulatory uncertainties

    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
    • SAVE
    • PRINT
    • COMMENT
    ET

    Uh-oh! This is an exclusive story available for selected readers only.

    Worry not. You’re just a step away.

    Why ?

    • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

    • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

    • 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
    • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

    The Economic Times