States have either completely withdrawn or reduced the concessions or incentives on open access charges. New Delhi: Regulatory constraints are posing headwinds for open access-based renewable energy (RE) projects, said ICRA on Thursday. Independent power producers (IPPs) in the renewable energy sector selling electricity in the open access route (third-party or group captive mode) are […]
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 […]
Clarity on customs duty impact for already bid out projects required: ICRA
There have been significant delays in implementation of such ‘change in law’ pass-through for the affected IPPs in the past New Delhi: As the 15 per cent safeguard duty on imports of solar cells and modules import is set to cease in July 2020, industry analysts seek clarity for a pass-through of customs duty impact […]
Virus lockdown to dent electricity demand by around 25 pc, say analysts
The entire country was put under a three-week lockdown starting March 25 to arrest the spread of the coronavirus pandemic. A few states like Maharashtra had already been under a lockdown or preparing for one starting March 15 Mumbai: The ongoing lockdown is set to dent electricity demand by a fourth as economic activity sputters […]