Engineering Post Report
Engineering Development Board / Federal Industries and Production have framed Mobile Device Manufacturing Policy and Auto Industry Development and Export Policy (2021-26) including incentives for Electric Vehicles in order to establish new industries, meet local demand and increase production of export quality goods in the country.
According to the information provided by the official sources concerned on being contacted, under Mobile Device Manufacturing Policy, 30 mobile manufacturers have been issued licenses for starting local manufacturing of mobile devices by setting up local facility.
Under the Auto Development Policy (2016-21), a number of new manufacturers have established manufacturing/assembling new brands of vehicles.
About a dozen new Electric Vehicles manufacturers in 2-3 wheelers (electric bikes and rickshaws) have invested in varying quantums. The policy offers various incentives to these manufacturers in taxes and duties etc.
The sources said further that Green Field Technology was another initiative for both import substitution and export enhancement. Under this scheme, different incentives in terms of taxes and duties are provided to the companies who bring new technologies that can introduce innovative product design and reduction in production cost. Green Field Licenses are recommended by the Engineering Development Board to such companies after physical verification of their manufacturing facilities. In this regard, the Board has so far approved nine cases of green field status.
The Engineering Development Board is also in the process of formulating a Solar Panels Manufacturing Policy for promoting local production and meeting power needs which are rapidly increasing with each passing year.
The indigenous solar panels manufacturing policy being so formulated will be linked with the national solar energy policy being prepared by the Federal Ministry of Power and the Renewable Energy Task Force in pursuance of the incumbent federal government decision of increasing use of solar energy, already all public buildings are being put on solar energy energies while measures are also underway to encourage the private sector to use solar energy to the maximum extent possible in order to minimize use of traditional electricity facilities for shifting reliance from electricity to solar energy in phased but faster manner.
The federal government has already announced to develop as much as 10,000 MG solar energy source of power in the country.
A regards fuel-wise installed capacity till recently, the percentage share of Hydel in total installed fuel-wise capacity has marginally reduced to 24.7 per cent as compared to its share in the previous year.
The contribution of RLNG in the installed capacity has increased to 23.8 percent from earlier percentage of 19.66 percent. The percentage share somehow has remained the same despite the fact that its installed capacity was increased from 4770 MW to 53322 MW in recent months.
The percentage contribution of gas was reported to have declined from 12.15 per cent to 8.5 percent.
There was an increase in the percentage of renewable energy which was surely a good sign for the economy as well as for the environment.
The percentage contribution of Nuclear Power has increased to 8.8 per cent from 6.68 percent .
The share of wind source of power has increased from 3.31 per cent to 4.8 percent while share of solar has increased from 1.07 percent to 1.4 percent.
Installed capacity in total 41557 Megawatt of Hydel was reported to be 10251 MW, RLNG 9884 MW, RFO 5958 MW, Coal 5332 MW, Gas 3536 MW, Nuclear 3647 MW, Wind 1985 MW, Solar 600 MW and Bagasse 354 MW.