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‘Solar sector needs a comprehensive policy’ January 11, 2021 Saibaba Vutukuri, CEO, Vikram Solar× Vikram Solar CEO highlights issues for attention in Budget The Government needs to come out with a comprehensive policy framework along with some tariff barriers to achieve the 450 GW renewable energy target, according to Saibaba Vutukuri, CEO of Vikram Solar. “The Government should consider implementing tariff barriers such as BCD/Safeguard Duty/ADD for at least 4-5 years. Offering capital subsidy of 50 per cent for setting up R&D and quality testing infrastructure within the manufacturing units will help build scale,” he said. “As we inch towards the Union Budget, we are hopeful of targeted initiatives and policies for scaling up domestic solar manufacturing aligned to the 450 GW renewables by 2030 target. There is an immediate need to build a robust ecosystem for indigenous solar manufacturing and making it cost-competitive to achieve the Government’s vision of Atm

Saibaba vutukuriAtmanirbhar bharatNational clean energy fundUnion budgetExport productSpecial economic zoneProduction linked incentiveMinimum alternate taxIncome tax actElectric vehicleSolar sectorVikram solarதேசிய சுத்தமான ஆற்றல் நிதிதொழிற்சங்கம் பட்ஜெட்ஏற்றுமதி ப்ராடக்ட்சிறப்பு பொருளாதார ஸோந்