Feb, 2022

Post-Budget Quote by Mr. Simarpreet Singh, Director at Hartek Group

Simarpreet Singh, Director - Hartek Group

“Absolutely thrilled to see zero fossil fuel policy, Battery swapping policy and focus on charging infrastructure for EV ecosystem will help accelerate our transition towards sustainable energy and a greener tomorrow

The increase in BCD on Solar cells from 20% to 25% and solar panels from 20% to 40% will help the Indian Solar manufacturing sector with more focus on Make In India.

I also appreciate and welcome the move by the Govt for an additional allocation of Rs 19,500 Cr for PLI for manufacturing of high-efficiency modules with priority to fully integrate manufacturing units to solar PV modules will be made it will facilitate domestic manufacturing for the ambitious goal of 280 GW of installed solar capacity by 2030.”