PM approved for 750 MW Solar Power plant in Madhya Pradesh

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Solar power plant capacity of 750 MW was inaugurated by our PM Narendra Modi . This is one of the major initiatives that was taken by our PM in boycotting all the China products one by one. So that we can reduce the imports from there.
India has announced that it had dropped imports from China and Pakistan due to the terror impacts at the Line of Control
” We must work towards reducing our import dependency on solar panels and related equipment. We need to speed up our production capacity of solar modules… and solar batteries should be made in India. We need to speed up all work in these areas,” PM Modi said at the virtual launch of the project.
Union Power Minister RK Singh said that China is importing less valuable solar energy to India in a meeting on Saturday.
“China has been dumping solar equipment into India at throwaway prices. They have been trying to hurt the Make in India programme by subsidising their firms and selling equipment cheap. We have to stop them,” Mr Singh told NDTV last month. “Next year we will charge basic customs duty of 40 per cent on solar modules and up to 25 per cent on solar cells. They will be hiked further in 2022,” Union Minister RK Singh added.
Equipment worth Rs 71,000 crore for the power in 2018-19 was imported out of which Rs 21,000 crore credit into Chinese accounts.The Delhi Metro Rail Corporation majorly depends on electricity which is a consumer of the solar power project in north-east Madhya Pradesh’s Rewa, with an investment of Rs 4,500 Cr.
From dropping down all the imports from China India is going to develop independently. We will see the developed India if we move in the same path in future.

NewsQues India is Bilingual Indian daily e- Magazine. It is published in New Delhi by NewsQues India Group. The tagline of NewsQues India is " Read News, Ask Questions".

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