EQ In Exclusive Conversation With Ms. Juhi Marwadi – Director, Pixon Energy What are your views on proposed BCD on Modules & Cells import in India? The proposed BCD on the modules and cells import in India is a very calculative measure undertaken by the Indian government. Enough time margin is provided to not hinder […]
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Solar tariffs likely to rise in near term: Icra
MUMBAI: Policy support and tariff competitiveness will likely continue to drive investments in the renewable energy sector but delays in signing of power purchase agreements (PPAs) and power sale agreements (PSAs) are key downside risks, said Icra Ratings on Wednesday. While solar power tariffs will see an expected increase due to the levy of the […]
Basic customs duty on solar cells, modules to push tariff upwards, cost Rs 900 crore to discoms annually: Ind-Ra
Asmita Pant, Senior Analyst at Ind-Ra, said, “The increase in tariffs will increase power purchase costs for solar off-takers by Rs 9 billion (Rs 900 crore) annually, considering that around 10 GW of solar capacity will come on stream in the next 12 months.” The government’s decision to levy basic customs duty (BCD) on solar […]
PIXON Thoughts on Solar Independency in India
The latest Basic Customs Duty (BCD) policies have been taking a toll on the import market in the solar industry.The government started the national solar mission to become a global leader in the solar industry. On the brighter side, it is also highly contributing towards Aatmanirbhar Bharat. Our nation is suffering from various economical challenges […]
BCD on solar PV cells to support OEMs: ICRA
New Delhi: Imposition of basic customs duty (BCD) on imported solar PV cells and modules will support domestic OEMsm, ICRA said in a note. Earlier, the Centre had approved a proposal to impose a BCD of 25 per cent on imported solar PV cells and 40 per cent on imported solar PV modules, with effect […]
EQ Webinar on CXO Discussion on Implications of India’s Decision to Impose of BCD on 40% on Solar Modules & 25% on Solar Cells on Saturday March 13th from 04:00 PM Onwards….Register Now !!!
Warm Greetings from EQ We are happy to present CXO Discussion on Implications of India’s Decision to Impose of BCD on 40% on Solar Modules & 25% on Solar Cells Webinar When: Mar 13th, 2021 04:00 PM IST Register in advance for this meeting: <Click Here To Register> After registering, you will receive a confirmation email […]
40% BCD on Solar Modules & 25% on Solar Cells With Effect from April 01, 2022 without Grandfathering of Existing Bid-Out Projects
40% BCD on Solar Modules & 25% on Solar Cells With Effect from April 01, 2022 without Grandfathering of Existing Bid-Out Projects Imposition of Basic Customs Duty (BCD) on Solar PV Cells & Modules/ Panels The following proposal of MNRE to impose BCD on solar cells and modules (without grandfathering of bid out projects) has […]
Hold back imposition of BCD on solar equipment in Budget, demand developers
New Delhi: Solar power developers in the country have demanded that the government should hold back the imposition of basic customs duty (BCD) on solar equipment for the time being in the forthcoming budget. They fear that this could derail the government’s ambitious target of having 175GW renewables by 2022, requiring an investment flow […]
CII seeks imposition of basic custom duty on solar power equipment
The CII representatives have met the finance ministry top brass to represent the infrastructure sectors during a scheduled pre-budget meeting on Monday. New Delhi: Industry body CII has urged the Ministry of Finance in its memorandum submitted on Monday to impose the basic custom duty (BCD) on solar equipment as announced in the last general […]
Solar Power Developers Association (SPDA) for postponement of the imposition of BCD on Solar Modules to prevent severe slowdown in 100 GW plan
New Delhi: Solar Power Developers Association (SPDA), a national association representing India’s upcoming solar power generators and developers, said that the Government must reconsider its decision of imposing Basic Custom Duty on Solar cells and modules. The Safeguard Duty on cells and modules has been extended by a year recently, hence setting additional tariff barriers […]