Tags: Chinese

To check Chinese imports wind sector too will get Solar-like duty structure

Following curbs on import concessions in the solar energy sector, the government may levy higher taxes on wind turbine components and generators to encourage use of local equipment and give a boost to domestic manufacturing. Government sources said that the tax concessions available to the wind power sector for sourcing certain equipment required for making […]

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Ladakh solar project bid may see first Indian action against Chinese solar firms

Recent border conflict between India and China in the Ladakh region is now setting the ground for a first set of restrictions that India proposes to impose on imports from the Asian giant. Sources said that efforts were on at the official level to explore ways of denying Chinese firms from participating in the bids […]

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Coal India, NLC India JV to install 3,000-MW solar power assets

Coal India Ltd (CIL) and NLC India together will develop solar power assets of 3,000 MW with a likely investment of around Rs 12,000 crore, said sources speaking to PTI. The two companies recently announced that they would form a JV to develop 5,000 MW of solar and thermal power assets across the country. They […]

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PFC, REC likely to restrict funding to projects based on Chinese equipment

The government’s economic response against China may see public sector financiers restricting funding of projects that ise equipment from the neighbouring country, sources said on Monday. The practice would first be adopted in the power sector, where state-owned Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) propose to […]

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