POWER Power sector imports from China to face drastic cuts under new Atmanirbhar Bharat plan The power ministry is set to establish three manufacturing hubs all over the country to produce critical energy and transmission equipment, which is currently fully imported from other countries including China, under the Atmanirbhar Bharat plan announced by Prime Minister Narendra Modi. According to authoritative government officials, the Indian power sector in 2018-2019 imported
10 | CCAI Monthly Newsletter November 2020
Rs71,000 crore of equipment, of which Rs 21,235 crore came from China, according to the Directorate General of Commercial Intelligence (DGCI). Yearly Chinese imports in the power sector have been worth Rs 17,289 crore (2009-2010); Rs 22,114crore (2010-2011); Rs 34,000 crore (2011-2012); Rs 29,062 crore (2012-2013); Rs 22,679 crore (2013-2014); Rs 19,658 crore (2014-2015); Rs 19,301 crore (2015-2016); Rs 19,757 crore (2016-2017), and Rs 19,682 crore (2017-2018). In order to be self-reliant and cut down imports,
