Chinese imports hurting biz, says Tata Solar chief
Mumbai India needs to stem an influx of cheaper imports from China and ease taxes on locally made solar cells to boost domestic manufacturing, Tata Power Solar Systems’ newly appointed CEO Ajay Goel told FE in a telephonic interview on Wednesday.
The government aims to turn India into a major solar power hub, targeting a 20-fold rise in sun-power generation to 20 Giga Watts (GW) by 2022. The country’s growing power needs and a shortage of coal and gas used in conventional thermal plants has highlighted the need to develop energy from alternative sources, such as sun and wind.