It is proposed in the General Budget presented in Lok Sabha on Tuesday that the funding under the PLI scheme for domestic solar cells and module manufacturing will be increased to Rs 24,000 crore from the existing Rs 4,500 crore. Union Power Minister RK Singh on Tuesday said production linked incentive (PLI) scheme for solar […]
CII seeks imposition of basic custom duty on solar power equipment
The CII representatives have met the finance ministry top brass to represent the infrastructure sectors during a scheduled pre-budget meeting on Monday. New Delhi: Industry body CII has urged the Ministry of Finance in its memorandum submitted on Monday to impose the basic custom duty (BCD) on solar equipment as announced in the last general […]
China to restrict expansion of solar equipment producers
BEIJING: China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling domestic installations, a draft plan issued by the country’s industrial ministry showed on Friday. Surging manufacturing capacity helped to spark grid price parity, where electricity from solar and coal are priced the […]
