India’s solar industry seeks Rs 25,000 crore support for domestic manufacturing
India's solar industry is pushing for significant government funding to boost domestic manufacturing of solar ingots and wafers. The National Solar Energy Federation of India has requested ₹20,000-25,000 crore in viability gap funding. This aims t...
The National Solar Energy Federation of India, representing 85% of active solar manufacturers, also suggested to the Ministry of New and Renewable Energy that 10% of the VGF support go to the ancillary solar equipment industry.
It also sought an incentive package of ₹3,000-4,000 crore to promote domestic machinery and equipment used in solar manufacturing lines.
India remains reliant on imported equipment for wafering, crystal pulling and process control, said an industry executive.
The association said that this support should be given through either the Electronics Components Manufacturing Scheme or under a separate one.
The suggestions came after an annual manufacturing roundtable with the members of the association on positioning India as a global solar manufacturing hub.
Ingot and wafer manufacturing entails capital expenditure of about ₹1,000 crore per GW.
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