Exploring the localisation potential
November 17, 2015 11:07 am
November 17, 2015 11:07 am
“We wish to maximise the localised content which is required in manufacturing the solar modules,” says Hitesh Doshi, CMD, Waaree Energies—————–
Bottlenecks in procurement The power sector in India is going through numerous challenges. Sharing opinion from a manufacturer’s perspective, Hitesh Doshi, CMD, Waaree Energies says, “One of the striking roadblocks in the Indian power sector is the procurement of Indian solar cells.” He points out that Indian solar cells are less efficient and 15 to 20 per cent costlier than the imported ones.
Supply of raw materials is also a major challenge. There are a very few manufacturing units in India. “Domestic manufacturers who import raw materials face delays at the ports for the clearances and logistical hurdles in transporting the same to the factory,” says Doshi. Impacts of bottlenecks over solar sectorThe above-mentioned bottlenecks are affecting the power sector at a large. Commenting on the impact over his company’s business Doshi says, “Our projects get delayed and the cost also increases.”
He also complains that the company is facing a major challenge in the acquisition of the land for setting up solar farms. Also, availability of grid connectivity is yet another issue that is being faced. “The financial health of the off-takers is as much important for winning the investor’s confidence. Also, bankability of the projects is one of the challenges,” says Doshi.
Implement policiesOn suggesting immediate short-term measures to revitalise the sector, Doshi suggests, “There are a few policies which are made at the central level. But at their extension at the state level is only at a nascent stage.”
He further states, “We are waiting for firming up of the policies at various states. They need to evolve quickly and more so when it comes to signing power purchase agreements with discoms.”
How to ensure sustainabilityTo ensure sustainability there is a need to develop a dedicated grid for more sustainable solar energy to ensure more power supply through renewable energy. “The government mechanism for promotion of domestic manufacturing is needed,” suggests Doshi.
Creating ecosystem for growthAs a part long-term strategy, Waaree plans to develop the ecosystem for the growth of solar power. On a short-term basis, the company would like to create the land bank and infrastructure, informs Doshi.
Quickly evolving state level policies can pave the way towards developing the state solar infrastructure. “We wish to maximise the localised content which is required in manufacturing the solar modules,” he concludes.
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November 17, 2015 11:07 am
“We wish to maximise the localised content which is required in manufacturing the solar modules,” says Hitesh Doshi, CMD, Waaree Energies—————–
Bottlenecks in procurement The power sector in India is going through numerous challenges. Sharing opinion from a manufacturer’s perspective, Hitesh Doshi, CMD, Waaree Energies says, “One of the striking roadblocks in the Indian power sector is the procurement of Indian solar cells.” He points out that Indian solar cells are less efficient and 15 to 20 per cent costlier than the imported ones.
Supply of raw materials is also a major challenge. There are a very few manufacturing units in India. “Domestic manufacturers who import raw materials face delays at the ports for the clearances and logistical hurdles in transporting the same to the factory,” says Doshi. Impacts of bottlenecks over solar sectorThe above-mentioned bottlenecks are affecting the power sector at a large. Commenting on the impact over his company’s business Doshi says, “Our projects get delayed and the cost also increases.”
He also complains that the company is facing a major challenge in the acquisition of the land for setting up solar farms. Also, availability of grid connectivity is yet another issue that is being faced. “The financial health of the off-takers is as much important for winning the investor’s confidence. Also, bankability of the projects is one of the challenges,” says Doshi.
Implement policiesOn suggesting immediate short-term measures to revitalise the sector, Doshi suggests, “There are a few policies which are made at the central level. But at their extension at the state level is only at a nascent stage.”
He further states, “We are waiting for firming up of the policies at various states. They need to evolve quickly and more so when it comes to signing power purchase agreements with discoms.”
How to ensure sustainabilityTo ensure sustainability there is a need to develop a dedicated grid for more sustainable solar energy to ensure more power supply through renewable energy. “The government mechanism for promotion of domestic manufacturing is needed,” suggests Doshi.
Creating ecosystem for growthAs a part long-term strategy, Waaree plans to develop the ecosystem for the growth of solar power. On a short-term basis, the company would like to create the land bank and infrastructure, informs Doshi.
Quickly evolving state level policies can pave the way towards developing the state solar infrastructure. “We wish to maximise the localised content which is required in manufacturing the solar modules,” he concludes.
We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.