The Indian government has urged lenders to consult domestic suppliers when financing solar projects . The government 's Ministry of New and Renewable Energy ( MNRE ) said that current procedures favour Chinese companies . It added that lenders should favour those that have approved of solar Standards schemes instead of just following the Bloomberg Tier - I list or using large domestic firms like solar .
The Indian government has urged lenders to favour domestic suppliers when financing solar projects. The country's Ministry of New and Renewable Energy (MNRE) said that current procedures favour Chinese companies. It added that lenders should favour those that have Bureau of Indian Standards certification instead of just following the Bloomberg Tier-I list or using large domestic firms like Tata.