Enthused by the 1 lakh megawatts (Mw) target of the government for solar power capacity addition, Moser Baer, country’s leading manufacturer of cells and modules has commenced operations of its upgraded solar cell manufacturing line.
He said that the current government has taken lot of initiatives in support of the Indian solar manufacturing industry. “Steps like DCR, request to the government to include solar in core sector list have been helpful in restoring confidence amongst the domestic manufacturers and the financial community alike,” said Subramaniam.
He said that the company and the sector is hopeful that the demand pipeline would be good post April-May 2015, once the projects announced in 2014 are tendered out.
The Indian solar cells market has been reeling under imports; especially due to below market priced ones coming from China.