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Solar Power to Become Cheaper as Government Cuts GST on Cells

Solar cells will attract a GST rate of 5% from the earlier 12%

September 4, 2025

/ Melvin Mathew
/ Markets & Policy, Solar
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In a big boost to the renewable energy component manufacturing, the Ministry of Finance has reduced the goods and services tax (GST) on solar cells, wind energy generators, and biogas plants from 12% to 5%.

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Melvin Mathew

More articles from Melvin Mathew.
Finance ministryGreenGSTHydrogenNon-lithium BatteriesSolar
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