Tags: BCD

Basic custom duty effect – Solar tariff likely to rise in near term says ICRA

Because of imposition of basic custom duty on equipment, solar power tariffs may rise in near term ,though they would remain cost competitive for the off-takers, ICRA Ratings said on Wednesday. ICRA”s outlook for renewable energy (RE) sector is ”Stable” because of factors such as continued policy support from the Government of India, large growth […]

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BCD likely to increase Solar tariff up to 40-45p/unit: CARE Rating

According to a rating agency, Basic Customs Duty (BCD) on imported solar cells and modules may increase tariffs for solar power between 25-45 paise per unit (kWh) .  The MNRE’s announcement of the BCD implementation on imported solar cells (25 per cent) and modules (40 per cent) starting April 1 could increase the solar power […]

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Government must reconsider decision of imposing BCD on Solar cells and modules: SPDA

Solar Power Developers Association (SPDA) 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 at this stage is not appropriate as it will damage the sector’s prospects. […]

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