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MNRE working on new scheme for solar PV manufacturers: Joint Secretary
Aug 29, 2020
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In order to push domestic solar PV manufacturing, the Ministry of New and Renewable Energy (MNRE) is working on a new scheme under which the Centre will offer a number of incentives to investors, ranging from capital costs at cheaper rate to cheap electricity, duty exemptions, among others, said a top bureaucrat on Friday. Amitesh Kumar Sinha, Joint Secretary at MNRE, said that the government is aware of the challenges facing the domestic solar gear manufacturing industry in terms of the competition posed by cheaper alternatives available in countries like China and is prepared to provide them the right ecosystem and facility for growing the industry’s capacity and making them price-competitive.
