FAST ( Forum fore Advancement of Solar Thermal) welcomes budget thrust on reducing costs for Concentrated Solar Power (CSP) technology to deliver the objectives of the Jawahar Lal Nehru National Solar Mission.
Setting up of the National Clean Energy Fund and the cess on coal will ensure focus on much needed R&D in the clean tech sector and ensure leadership for India in this new and vibrant sector
Forum for the Advancement of Solar Thermal (FAST) today welcomed the Union Budget Proposals 2010-11 terming it as visionary, progressive and providing the right thrust on Renewable Energy to reach the energy security needs of India
Mr. Anil Lakhina , CMD of FAST said, “we are delighted that the Finance Minister has recognized the key role the CSP industry can play in driving growth of Renewable Energy in India especially to supplement the targets of the JNSM.
The solar thermal industry welcomes the reduction of customs and excise duties on its components which will give rise to a vibrant local manufacturing sector . This will create significant employment and enhance the energy security of India by ultimately reducing imports
The significant focus on creation of the National Clean Energy fund and the enhancement of budgetary support for the MNRE is again a welcome move