India added 3,568 MW of Solar PV installed capacity (utility & rooftop) in the second quarter (Q2) of the calendar year (CY) 2022, down by 22% compared to about 4.5 GW installed in CY Q1 2022. Year-over-year (YoY) installations in Q2 surged by 78%. In the first half of CY 2022 (6M 2022), India added […]
Petition of Tata Power Renewable Energy for approval of the cost incurred due to change in the rate of Basic Custom Duty
Petition of M/s. Tata Power Renewable Energy Limited for approval of the cost incurred due to change in the rate of Basic Custom Duty from 5% to 20% under Article 9 of the Power Purchase Agreement dated 03 January 2020 signed with The Tata Power Company Limited – Distribution. For more information please see below […]
ALMM is bigger hit than BCD, beneficial in long run – EQ Mag Pro
The webinar was conducted by EQ International magazine on the topic ‘Impact Of BCD And ALMM On The Indian Solar Market’, which was sponsored by Eversola. It included discussion over whether the decision taken over BCD and ALMM are in favour or against the solar industry. The webinar was moderated by Ritu Lal, Senior Vice […]
Adverse Impact on Projects upto 10 GW if Grandfathering of BCD on Solar Modules is not extended – EQ Mag Pro
Adverse Impact on Projects upto 10 GW if Grandfathering of BCD on Solar Modules is not extended. For more information please see below link:
Finance Minister Sitharaman promises implementation of BCD on solar modulesfrom April 2022 during a meeting with solar industry associations – EQ Mag Pro
The associations have also requested that a notification regarding this be brought in the upcoming union budget Delhi, India :Today, at a meeting with a delegation ofNorth India Module Manufacturers Association (NIMMA) and Indian Solar Manufacturers Association (ISMA) officials,Shri Nirmala Sitharaman, Finance Minister, GoI assured that the BCD (Basic Customs Duty) will be implemented at […]
Govt may Delay BCD Imposition on Solar Gear Imports
The imposition of customs duty on imported solar equipment may be delayed. The government may allow an extension of the deadline for the completion of domestic solar projects, which are facing uncertainties from vendors in China. The Union Ministry of Power is considering to delay the imposition of customs duty on imported solar equipment, according […]
EQ’s Webinar: Impact on Indian PV Manufacturers of Duty Free Import Period and BCD Not Yet Gazetted – Opportunities & Challenges
EQ International presented a webinar on July 29, 2021, to discuss the impact on Indian PV manufacturers of duty free import period from July end to March 1, 22. Basic Customs Duty (BCD) announced by the Government of India as 40% duty on modules and 25% on cells that has also not been gazetted yet […]
Webinar: ‘Make in India: Level Playing Field for SEZ and DTA Units’
EQ organized a webinar on ‘Make in India: Level Playing Field for SEZ and DTA Units’ on June 4, 2021. The speakers of the webinar presented their views on the topic. Ruchin Gupta, Director Solar – MNRE, Government of India, participated as a keynote speaker in the webinar. Vineet Mittal, Director, Navitas Green Solutions Pvt […]
EQ In Exclusive Conversation With Mr. D.V. Manjunatha, Founder & Managing Director At EMMVEE
EQ In Exclusive Conversation With Mr. D.V. Manjunatha, Founder & Managing Director At EMMVEE. 1. Proposed BCD on Module/Cells Import in India. What are your views on this? India has a huge capability to manufacture solar Photovoltaic modules and cells. A company like Emmvee which has been into solar manufacturing since 1992 has acquired enormous […]
Webinar: ‘New Tenders for Utility Scale Solar Projects by SECI, NTPC and States’
EQ’s webinar on ‘New Tenders for Utility Scale Solar Projects by SECI, NTPC and States’ was conducted on May 19, 2021 at 03:00 PM. Experts in the panel shared their insights on the topic discussed related opportunities and challenges in detail. Pratik Prasun, Manager (Contracts & Procurement), SECI and Pradipta Kumar Roy, Chief Manager, IREDA […]