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Basic customs duty to cost Rs 9 billion annually for discoms: India Ratings
March 24, 2021
Source: Energyworld

Basic customs duty to cost Rs 9 billion annually for discoms: India Ratings

The imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 would lead to an increase in solar tariffs, reducing the overall attractiveness of solar projects to off-takers and finally end-consumers, according to India Ratings and Research (Ind-Ra).“The increase in tariffs will increase power purchase costs for solar off-takers by Rs 9 billion annually".

   Read More About : India Renewable Energy Price Hike Custom Duty
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