Setback For Developers As India Plugs Customs Loophole
India Excludes Solar Plants From Paying Concessional Duty On Imported PV Equipment
Indian Ministry of Finance has excluded solar power plants from paying concessional custom duty on importing PV equipment for projects as is allowed under Project Import Regulations, 1986, thereby shutting the loophole that some developers had report.
10 GW Solar In India Under Threat From BCD
NSEFI Wants Grandfathering For Over 10 GW AC PV Capacity From Impending Basic Customs Duty
The National Solar Energy Federation of India (NSEFI) fears over 10 GW AC solar power capacity in India to plunge into ‘uncertainty and might not get commissioned’ if it is not grandfathered from the imposition of Basic Customs Duty (BCD) on imported solar cells and modules.
900 MW India Solar Project Put On Hold
First High-Profile Casualty Of India’s Basic Customs Duty? Scatec & ACME Project On Hold
In what can be termed as the first high profile solar project getting negatively impacted by the Indian government’s impending Basic Customs Duty (BCD), Norway’s Scatec has put on hold a 900 MW project, its maiden solar facility in the country with ACME Solar.
MNRE For Customs Duty On Imported PV Cells & Modules
Indian Ministry Of New & Renewable Energy Recommends Finance Ministry To Impose Basic Customs Duty On Imported Solar Cells & Modules From April 1, 2021
The Government of India is trying to support its domestic solar PV manufacturing industry by suggesting to impose basic customs duties as of April 1, 2021.
