Home India Pre-Budget Quote – Mr. Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar
Pre-Budget Quote – Mr. Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar

Pre-Budget Quote – Mr. Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar

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  • The need of the hour is to drive innovation in Indian solar (manufacturing) sector and thereby make our products globally competitive. National Institute of Solar energy (NISE) must define quality protocols for cells and modules.
  • National Clean Energy Fund (NCEF) should be utilised for facilitating quality domestic manufacturing, technology innovations and therefore making Indian products viable and competitive in the international market.
  • “Technology Up-gradation Fund”, like in textiles industry should be introduced in solar sector. This should be part of project funding for solar manufacturers under R&D head.
  • Stricter enforcement of Renewable Purchase Obligations (RPO) is required. This can be executed by penalising non-conforming states and on the other hand rewarding conforming states.
  • Encouraging SEZs with an aim to facilitate manufacturing of various Solar Balance of Systems (BoS) components.
  • MAT exemption: in view that due to imposition of MAT, there has been slowdown in the SEZ sector in terms of growth in SEZs.

Encouraging skill development in the sector in order to ensure adequate pool of skilled labour in the market.

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Anand Gupta Editor - EQ Int'l Media Network

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