MNRE constitutes industry advisory council for solar energy

Ministry of new and renewable energy has constituted 'Solar energy industry advisory council' (SEIAC) to advice the ministry on various

technology related matters, attract investment across the value chain, suggest steps required to encourage R&D and drive down costs and make

the Indian solar industry globally competitive.

Anand Mahindra, vice-chairman and managing director, Mahindra&Mahindra, has been declared as the chairman of the council. Assuring the support

of industry to the national solar mission, Mahindra said, "The council would deliberate and offer advice on technology matters, manufacturing,

investments and fiscal policies that are critical for the growth of the solar industry in India."

The other leading industrialists on the panel of the council are Jamshyd N. Godrej, R. V. Kanoria, Meher Pudumjee, Vineet Mittal and Ratul

Puri.

The council will also review the status of Indian solar industry from time to time and suggest measures required and a road map to accelerate

the growth to achieve manufacturing level of about 4-5 GWeq per year by 2017-2020.

Addressing the first meeting of SEIAC, union minister for new and renewable energy, Farooq Abdullah called upon the industry leaders to invest

in solar projects in India. Assuring full support from the government, he urged the industry to respond favorably and positively to the state's

incentives offered in this direction.

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