Shipment company

Solar cell imports jumped to $3,447 million in April-January; most shipments from China


Imports of solar cells reached $3,447 million (about Rs. 26,000 crore) in April-January 2021-22 from $572 million in the previous financial year, parliament reported on Thursday.

Imports were $1,684 million in 2019-20 and $2,160 million in 2018-19, New and Renewable Energy Minister RK Singh said in a written response to the Lok Sabha.



From April to January 2021-22, the peak import was from China at USD 3,117.78 million.

In another response, the minister said the government has set a target to install 100 GW of solar power capacity by December 2022 in the country.

On the other hand, projects of 108.91 GW have been commissioned or are in preparation.

A total of 50.78 GW of solar power capacity has been installed as of February 28, 2022. Approximately 44 GW of capacity is in various stages of implementation and 13.86 GW of capacity is in the tender phase , said the Minister.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor