Vi­nay Goyal, CEO, Ganges In­ter­na­tionale Pvt Ltd

Power Watch India - - INDUSTRY SPEAK PRE-BUDGET -

Our in­dus­try (mount­ing struc­tures) is de­pen­dent on a lot of other ma­jors like steel man­u­fac­tur­ers, so­lar com­po­nent de­vel­op­ers etc, so there is not much we could look out from the bud­get. How­ever, a few points which will be help­ful to our busi­ness are:

1. The rooftop mar­ket has just crossed 1 GW as of De­cem­ber 2016 out of 40 GW which was planned by GOI to be ex­e­cuted by 2022. This re­quires se­ri­ous in­ter­ven­tion and a dif­fer­ent ap­proach to match the tar­get. The govern­ment should look at in­tro­duc­ing di­rect tax ben­e­fits for in­stalling so­lar rooftops for salaried mid­dle and lower in­come group which will en­cour­age peo­ple to fol­low the trend and in­stall so­lar.

2. In­cen­tives in the form of cap­i­tal sub­si­dies could be a bet­ter ap­proach for non­salaried groups or farm­ers who are de­pen­dent on their small busi­nesses.

3. There are a lot of peo­ple who face dif­fi­cul­ties in ar­rang­ing quick money so the govern­ment should also look at pro­vid­ing ac­cess to low cost fi­nance with low or nil in­ter­est rates. This might help peo­ple be­come in­de­pen­dent and be­come self­power gen­er­a­tors.

The above steps will help and en­cour­age a lot of peo­ple to en­joy 24x7 power sup­ply and would help GOI get closer to the planned tar­gets.

4. Lastly, ex­tend­ing the grid in ru­ral and semi-ru­ral places with­out any hur­dles linked with uni­form frame­work for net-me­ter­ing or gross-me­ter­ing pol­icy will im­prove the over­all con­di­tion of the so­lar sec­tor.

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