Renewable energy industry expects govt to sharpen focus on policy stability


Renewable energy industry expects govt to sharpen focus on policy stability

As India seems to have voted for a majority government for yet another term, the renewable energy industry wants the government to continue with a sharp focus on policy stability to spur growth, gaining from the likely continuity in administration.

“We look forward to the newly-elected government’s solar implementation policies and are confident that renewable energy will be a key dimension in their vision as projected in the Interim Budget,” said Sunil Rathi, director, Waaree Energies, among the largest manufacturer of solar modules in the country.

He added that while the sector has witnessed some positive movement in the last year, with the implementation of safeguard duty, de-linked manufacturing tender and introduction of the KUSUM scheme, the government is expected to continue its support with primary focus on domestic manufacturers.

“As the safeguard duty, which brought about interim relief in the industry, is expected to expire within the year, we believe that the much-anticipated anti-dumping duty on solar modules is need of the hour. Read More

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