In Short : The GST Council has rationalised the tax rate on renewable energy devices to 5%, aiming to accelerate India’s clean energy transition. This move will reduce project costs, make solar and wind technologies more affordable, and encourage greater adoption. By lowering financial barriers, the reform supports India’s renewable targets and strengthens its path […]
ENGIE on GST Reforms on Renewable Energy Devices: Quote from Mr. Amit Jain – EQ
To be attributed to Mr. Amit Jain, CEO & Country Manager India, MD Renewables & Batteries India & South-East Asia. The GST Council’s decision to reduce the GST rate on renewable energy equipment to 5% marks a significant step forward in India’s clean energy journey. As a global energy utility committed to accelerating the energy […]