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Budget lists steps to make India solar powerhouse without China's help

Country plans to more than quadruple its renewable power generation capacity to 450 gigawatts by 2030.

Photo: Bloomberg
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Photo: Bloomberg

Rajesh Kumar Singh | Bloomberg
India is pressing ahead with plans to curb reliance on China, the dominant producer of solar power equipment, even as it seeks to add huge volumes of renewable energy. 

A pair of measures in Tuesday’s budget will help Prime Minister Narendra Modi’s efforts to extend his government’s made-in-India campaign to the clean power sector, in which about 80% of all solar hardware is imported from the nation’s northern neighbor. 

Grants of Rs 19,500 crore ($2.6 billion) are being added to spur local equipment production, while there’ll also be a 40% tax on imports of solar modules and 25% on cells from the