InvestorsHub Logo
Followers 15
Posts 3387
Boards Moderated 0
Alias Born 08/20/2008

Re: None

Saturday, 03/09/2019 6:37:18 PM

Saturday, March 09, 2019 6:37:18 PM

Post# of 104401
In a Boost for Domestic Manufactures, President Approves CPSU Program for 12 GW of Solar
The Indian President - Not the US one! LOL

Domestically manufactured solar cells and modules are mandatory initially under this program.


It also expected to boost domestic solar manufacturing by providing them with a set demand outlook for the next four years as the program makes it mandatory to use domestically manufactured solar photovoltaic cells and modules as per specifications and testing requirements set by the MNRE.



FYI - the State of ASSAM has set a goal of 6.5GW solar by 2030 (this is independent of India Government goals!)

Note: AMTRON IS A CPSU-
A state-owned enterprise in India is called a public sector undertaking (PSU) or a public sector enterprise. ... CPSEs are companies in which the direct holding of the Central Government or other CPSEs is 51% or more. They are administered by the Ministry of Heavy Industries and Public Enterprises.

'The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.'

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.