CEA Eyes Sops for Critical Power Parts

The Central Electricity Authority (CEA) has prepared a draft list of critical components like permanent magnets, voltage transformers, and super capacitors, that will require support for local manufacturing as China's rare earth curbs threaten India's energy transition goals.

- Rituraj Baruah

The CEA has written to the industry stakeholders to identify the key components in the sector which India imports, seeking suggestions on which parts need to be prioritized for fiscal support. Several industries, including automobiles and renewable energy sectors, are facing supply issues for rare earth elements and magnets as Ch