MNRE Warns of Violations in Solar Cell Usage
POWER & RENEWABLE ENERGY

MNRE Warns of Violations in Solar Cell Usage

The Ministry of New and Renewable Energy (MNRE) is stressing the importance of strict compliance with domestic content requirements (DCR) guidelines, cautioning against any violations related to the use of domestically manufactured solar cells and modules, in accordance with World Trade Organisation (WTO) regulations.

The MNRE's directive follows recent concerns regarding potential misuse of the policy, including misdeclarations and the use of imported solar cells and modules in DCR projects. To prevent policy abuse, the MNRE has outlined various actions to be taken in the event of violations.

These measures include initiating criminal cases under IPC 420 and related sections, blacklisting the developer for a decade, seizing relevant bank guarantees, and taking disciplinary action against the officers of concerned Central Public Sector Undertakings (CPSUs) or state governments.

The MNRE has emphasised the importance of promoting domestic manufacturing of solar PV cells and modules and reaffirmed its commitment to strict policy compliance. The ministry has also called on all government organisations and stakeholders to adhere to the provisions and contribute to the growth of India's renewable energy sector.

The Ministry of New and Renewable Energy (MNRE) is stressing the importance of strict compliance with domestic content requirements (DCR) guidelines, cautioning against any violations related to the use of domestically manufactured solar cells and modules, in accordance with World Trade Organisation (WTO) regulations. The MNRE's directive follows recent concerns regarding potential misuse of the policy, including misdeclarations and the use of imported solar cells and modules in DCR projects. To prevent policy abuse, the MNRE has outlined various actions to be taken in the event of violations. These measures include initiating criminal cases under IPC 420 and related sections, blacklisting the developer for a decade, seizing relevant bank guarantees, and taking disciplinary action against the officers of concerned Central Public Sector Undertakings (CPSUs) or state governments. The MNRE has emphasised the importance of promoting domestic manufacturing of solar PV cells and modules and reaffirmed its commitment to strict policy compliance. The ministry has also called on all government organisations and stakeholders to adhere to the provisions and contribute to the growth of India's renewable energy sector.

Next Story
Resources

Master Builders Solutions Forges Path into India Market with MBT-Construction Chemicals

Master Builders Solutions, a global leader in innovative concrete admixtures and solutions for the construction industry, announces its strategic expansion into the dynamic Indian market. Leveraging its expertise and advanced solutions, Master Builders Solutions aims to address the growing demand for sustainable, high-performance construction materials across various sectors in India. The move into India represents a significant milestone for Master Builders Solutions, aligning with its commitment to delivering cutting-edge solutions worldwide. With a rapidly evolving construction landscape in..

Next Story
Resources

TrucksUp collaborates with AU Small Finance Bank to empower aspiring buyers and small fleet owners

TrucksUp has announced a strategic partnership with AU Small Finance Bank Ltd to offer economic, easy and hassle-free financing solutions for used trucks focusing on driver and transport business community. This partnership tactically aims to support small fleet owners in India by providing low EMI loans at competitive interest rates. Their target audience can also benefit from refinancing options on existing trucks and avail of top-up loans to meet their financial needs. This is making the access to capital needs for truck drivers’ community easy to grow and scale their business. This colla..

Next Story
Resources

Build Capital to Invest Rs 1.5 billion in Navi Mumbai’s RE Market in 2025

Build Capital, an innovative early-stage real estate fund, has completed its maiden investment in the Navi Mumbai market. This investment in Satyam Group’s project is part of Build’s strategy to become a preferred partner in early – stage real estate financing in Mumbai Metropolitan Region (MMR).Build Capital has further announced that it plans to invest close to Rs 1.5 billion (bn) in the Navi Mumbai market out of its total target investments of Rs. 4 bn for the year 2025. Kuldeep Jain, CEO and Co-Founder, Build Capital said, “We are plugging the existing gaps of early-stage financing..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000