Government Targets Solar And Hydrogen Components To Reduce Imports
POWER & RENEWABLE ENERGY

Government Targets Solar And Hydrogen Components To Reduce Imports

The government has unveiled a plan to strengthen domestic production of solar and hydrogen components in a bid to cut import dependence and bolster energy security. The initiative targets a range of goods from photovoltaic cells and modules to electrolysers and associated balance of system equipment. Officials said the effort forms part of a broader push to develop manufacturing capabilities and reduce vulnerability to external supply shocks. The move reflects a strategic emphasis on renewable energy and green hydrogen as pillars of long term industrial policy.

The package is expected to combine financial incentives, streamlined approvals and support for testing and certification to help firms scale up production. Officials said measures would seek to attract private investment, support small and medium sized suppliers and strengthen domestic supply chains. The plan also envisages coordination between central and state authorities to accelerate land allocation and infrastructure provision.

Targeted components include solar cells, modules, inverters, mounting structures and storage systems as well as electrolysers, fuel cells and other hydrogen related hardware. Officials noted the importance of quality standards and local testing facilities to ensure products meet international norms and are export ready. By promoting clustered manufacturing and supplier development the government aims to create economies of scale and reduce unit costs. Capacity building and skills initiatives will accompany industrial measures to ensure the workforce can meet technical requirements.

Analysts said a stronger domestic industry would help narrow the trade deficit in energy equipment and create new employment opportunities across manufacturing and services. Officials indicated the government will engage with industry bodies to finalise implementation details and timelines. The success of the plan will depend on sustained investment, coordinated policy support and the ability of firms to compete on price and quality.

The government has unveiled a plan to strengthen domestic production of solar and hydrogen components in a bid to cut import dependence and bolster energy security. The initiative targets a range of goods from photovoltaic cells and modules to electrolysers and associated balance of system equipment. Officials said the effort forms part of a broader push to develop manufacturing capabilities and reduce vulnerability to external supply shocks. The move reflects a strategic emphasis on renewable energy and green hydrogen as pillars of long term industrial policy. The package is expected to combine financial incentives, streamlined approvals and support for testing and certification to help firms scale up production. Officials said measures would seek to attract private investment, support small and medium sized suppliers and strengthen domestic supply chains. The plan also envisages coordination between central and state authorities to accelerate land allocation and infrastructure provision. Targeted components include solar cells, modules, inverters, mounting structures and storage systems as well as electrolysers, fuel cells and other hydrogen related hardware. Officials noted the importance of quality standards and local testing facilities to ensure products meet international norms and are export ready. By promoting clustered manufacturing and supplier development the government aims to create economies of scale and reduce unit costs. Capacity building and skills initiatives will accompany industrial measures to ensure the workforce can meet technical requirements. Analysts said a stronger domestic industry would help narrow the trade deficit in energy equipment and create new employment opportunities across manufacturing and services. Officials indicated the government will engage with industry bodies to finalise implementation details and timelines. The success of the plan will depend on sustained investment, coordinated policy support and the ability of firms to compete on price and quality.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement