Chinese solar water heaters have been available at a heavy discount since the ministry of new and renewable energy suspended a subsidy scheme in Oct.
The negotiations on RCEP are scheduled to take place in the first week of December. The bloc includes 10 ASEAN countries.
PM Modi recently advised the ministry of renewable energy to explore option of using barren land close to borders to generate solar energy.
Not only have they lost their savings but are unable to service a bank loan of few crores -- their solar project has become economically unviable.
Officials of the company, the world’s fourth largest manufacturer of photovoltaic (PV) modules, participated in the WEF held in Delhi last week.
A three-year-old company that is carrying out the Rs 162 crore project claims the installation to be the largest in the world on a dam barrier.
Accelerated depreciation allows a higher level of an asset’s value to be written off in the first few years, reducing taxable income.
Lithium-ion batteries have more than double the life of traditional lead-acid batteries and help cut about Rs 5-6 from the Rs 22 it costs otherwise.
A lot of people in the northern states were shifting from conventional power to solar water heaters but that has now been arrested.
Alone Goa's loss is pegged at Rs 3,000 crore; stoppage of mining since September 2012 also had a cascading impact on other sectors, says report.
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