India is set to cause widespread economic injury to China after the violent clashes in the Galvan Valley. For this, India is considering removing tariff barriers and other barriers with countries that have differences with China. In addition, the Government of India is considering giving subsidies to promote the use of local power equipment (Made in India).
Energy Minister Raj Kumar Singh told business leaders in New Delhi on Tuesday that countries that are hostile or potentially hostile will be identified as former reference countries and require government permission before importing any equipment from them. Will be. It will also include rigorous testing of foreign equipment for the power sector.
Policies aimed at curbing the use of Chinese equipment, mainly in the power sector, have been given a severe blow to China. These policies will apply to power generation, distribution, and transmission projects in both traditional and green energy sectors.
Please tell that 20 Indian soldiers were killed in violent clashes in Galvan valley.
Ministry of Energy said data from the Directorate General of Commercial Intelligence and Statistics show that equipment such as transmission line towers, conductors, industrial electronics, capacitors, transformers, cables and insulators, and fittings are still being imported for the power sector from China.
The Energy Minister, citing the strategic nature of the power sector, said that companies should emphasize the need to use locally manufactured equipment. India's power infrastructure is also facing cyber-attacks. Most of the attacks are being carried out by the Chinese side.
As a first step towards increasing self-sufficiency in the electricity sector, the basic customs duty on all imported solar cells, modules, and inverters-1 will be extended starting August. After this, imports from China will become expensive. This may result in a 20 paise increase in solar fees for new contracts.
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