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Solar power: Even as PM Narendra Modi hard-sells make in India scheme, Gujarat PSU plays spoiler
May 03, 2017
- Even as the Modi government is hard-selling its “Make in India” mission, a PSU from the Prime Minister’s home state has put a spoke in the wheels of domestic manufacturers of solar power modules.
- Inviting tenders for the development of an 80 megawatt (MW) plant at the Charanka solar park in Gujarat’s Patan district, Gujarat Industries Power Company (GIPCL) has added a rider: the bidders must supply modules that have a 25-year insurance cover.
- The policy shall be in the name of the owner (GIPCL).
- The premium, charges, recurring charges, any expenditure for the insurance policy shall be in the scope of the bidder,” the GIPCL tender document said.
