Govt likely to slap 21% duty on imported power gear

[rashtriya.rifles]

Shanghai Electric and Doosan are already building manufacturing plants in India.

Any investment is welcome.. but acting like a parasite and forcing every nut, bolt and workers to be imported from China is too much to ask for..

 

[Fazlu]

Any investment is welcome.. but acting like a parasite and forcing every nut, bolt and workers to be imported from China is too much to ask for..

That is exactly the reason why we are kicking some of them out.

Chinese firms, sensing danger have begun to change tactics . Establishing manufacturing plants and using Indian workers and material are welcome moves. Anything that bolsters our economy and provides income to our workforce is more than welcome in India.

 

[v9s]

Probably you are not aware of the ground realities about the performance of chinese made power plant in India. The quality has been hugely compromised and performance is no better than BHEL. The equipments are below standard, malfunctions most of the time. The Controllers which are supposed to function automatically had to be kept in manual or fixed position because most of the positioners have gone to heaven. This is a common problem in all the chinese plant.On the contrary, BHEL is doing substantially well. We have some BHEL plants which are operating for 60 years and still running.

It's plausible that the Chinese plant India imported could've been the 3rd grade stuff, right?

 

[Boson]

It's plausible that the Chinese plant India imported could've been the 3rd grade stuff, right?

There's nothing "plausible" abou it... every one, including the chinese know that their plants are 3rd grade.

What's important is the price .. and at that price, how many days can it last.

That's the equation everyone wants to solve.

 

[INDIAISM]

Better late then never.....I think Govt should have taken this step before 2010 when Reliance Power signed a 10 Billion dolar deal with Shanghai Electric.....

 

[rashtriya.rifles]

There's nothing "plausible" abou it... every one, including the chinese know that their plants are 3rd grade.

What's important is the price .. and at that price, how many days can it last.

That's the equation everyone wants to solve.

It's funny because the only reason chinese manufacturers are getting contracts is because they are cheap.. obviously siemens GE etc are not dumb to sell their products at much higher rates... the catch is u make smaller investment( cheap chinese products ) u get smaller returns and u make heavy investments ( GE, siemens ) u make greater returns..

The entire rhetoric that chinese products are world class is pure BS since they trade the quality to bring down the price in first place..

 

[Boson]

Better late then never.....I think Govt should have taken this step before 2010 when Reliance Power signed a 10 Billion dolar deal with Shanghai Electric.....

Even that deal is not executed ... and R power can cancel the deal ... it's just an MoU as of today.

With the rupee rate, their old price is no longer low enough to make the project viable.. either they reduce price, or R Power has to say "good bye".

Even if they reduce price further .. no harm. It's good for us.
If they don't, we always have BHEL and L&T.

 

[My-Analogous]

Probably you are not aware of the ground realities about the performance of chinese made power plant in India. The quality has been hugely compromised and performance is no better than BHEL. The equipments are below standard, malfunctions most of the time. The Controllers which are supposed to function automatically had to be kept in manual or fixed position because most of the positioners have gone to heaven. This is a common problem in all the chinese plant.On the contrary, BHEL is doing substantially well. We have some BHEL plants which are operating for 60 years and still running.

It is due to corruption my friend otherwise if you saw Chinese product in US is according to US standard.

 

[Alfa-Fighter]

It is due to corruption my friend otherwise if you saw Chinese product in US is according to US standard.

we know US standards that why their famous Icon Hardly Davison Bike need Special permission from Indian govt. to run india due to pollution norms and thats why we don't see any chinese engine entering in india.

 

[cloud_9]

Better late then never.....I think Govt should have taken this step before 2010 when Reliance Power signed a 10 Billion dolar deal with Shanghai Electric.....

They got a loan from Chinese Bank and one of the conditions was to buy equipment from Chinese vendor.Patriotism aside,stop ignoring the facts.

Reliance Power set for $2.2 bn loans from US, China banks

 

[Boson]

They got a loan from Chinese Bank and one of the conditions was to buy equipment from Chinese vendor.Patriotism aside,stop ignoring the facts.

Reliance Power set for $2.2 bn loans from US, China banks

As I said above, the loan is approved but not disbursed.

With the exchange rate now, it may no longer be worthwhile for R Power to draw upon the approved loan to actually the chinese equipment. Entirely possible that the project is no longer feasible with imported equipment.

They could take domestic rupee funding and now more attractive domestically produced equipment.

.. Or the chinese can supply the equipment, at zero price... then neither the exchange rate matters, nor the customs duty. The question is chinese govt's ability and willingness to further subsidize exports.

We always welcome chinese govt efforts to subsidize sales to India .... wow, for once, good neighbourly behaviour. Please show more of it .... it's falling short, lately.