Indian solar company in China woos investors

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Embassy of India in Beijing in association with Solar Energy Corporation of India (SECI) organized a seminar "Business Opportunities in Solar Sector in India" in Beijing on July 10, 2018.

The seminar, co-organized by China New Energy Chamber of Commerce (CNECC) and China Photovoltaic Industry Association (CPIA), was aimed at promoting Request for Selection Documents (RfS) project floated by SECI among prospective Chinese investors.

Prashant Lokhande, economic and commercial counsellor at Embassy of India in Beijing made the opening remarks and informed audience that the RfS is an immediate opportunity for Chinese solar manufactures to invest in India. Through RfS, a unique opportunity is offered to global solar companies for setting up 5 GW integrated manufacturing facility for manufacturing Solar PV Modules along with Solar cells, Silicon Wafers and Ingots wherein incentive of assured off take of 10 GW power from Solar PV Power Projects shall also be provided, along with the manufacturing capacity to be set-up by bidders.

General Manager of SECI Sanjay Sharma delivered welcome remarks and gave a presentation about overall solar sector scenario of India, market size, opportunities and details about the RfS document. Standing Deputy Secretary General of CNECC Shi Limin and Director at CPIA Jiang Hua, appealed Chinese investors to grab the opportunity in solar sector and invest in India. The seminar was attended by more than 150 delegates from more than 110 Chinese companies, financial institutions, banks and media.

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