Solar sector huge potential to benefit energy extensive sectors

The Minister highlighted the importance of solar energy and said that the sector has a huge potential and can help to reduce the electricity cost significantly. He further mentioned that sectors such as agriculture, warehousing etc. are energy extensive sectors and proper commercial use of solar energy such as solar water pump for irrigation and solar electricity for cold storage can contribute towards reducing power cost.

 

The Union Minister emphasized on the need of export enhancement along with import substitution to replace foreign imports with domestic production. He highlighted that India still imports energy efficient solar panels and encouraged the manufactures to make India self-reliant with the help of “Make in India” products.