menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

MNRE to is...
source image

HinduBusinessLine

7d

read

270

img
dot

Image Credit: HinduBusinessLine

MNRE to issue new norms on domestic sourcing

  • Ministry of New and Renewable Energy (MNRE) set to introduce new norms for mandatory domestic sourcing of key components like rotor blades, towers, gearboxes, and generators for all wind turbine models.
  • Industry stakeholders, including the Indian Wind Turbine Manufacturers Association, support the move, aiming to boost local manufacturing potential and job security within the wind manufacturing industry.
  • Concerns raised over potential exemptions for large ongoing wind projects as they could lead to significant imports and shift economic activity overseas, impacting local manufacturing value negatively.
  • Impending decisions on dilution of domestic sourcing regulations could pose threats to the viability of wind manufacturing infrastructure, risking job losses, MSME bankruptcies, and hindering progress towards India's 100 GW wind energy target by 2030.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app