finance-ministry

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Budget 2021 Sets Aside ₹10 Billion for SECI, Increases Customs Duty on Solar Inverters

Union Finance Minister Nirmala Sitharaman presented the 2021-22 budget in the parliament in the backdrop of a falling economy crushed by the COVID-19 pandemic. The...

February 1, 2021

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Rahul Nair

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Markets & Policy

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Solar
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Azure Likely to Get Compensated for Increase in Solar Project Cost Due to Levy of Safeguard Duty

The Maharashtra Electricity Regulatory Commission (MERC) has provided relief to Azure Power in two cases in which it had requested the commission to consider the levy of...

April 24, 2019

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Soumik Dutta

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Markets & Policy

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Solar
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Solar Safeguard Duty Notification Should be Treated as Change in Law: MERC

The Ministry of Finance’s notification that imposed the Safeguard Duty is an event of Change in Law, and therefore the additional expenditure and other impacts will be...

February 18, 2019

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Nitin Kabeer

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Markets & Policy

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Solar
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MNRE Urges Ministry of Finance to Exempt Ongoing Solar Projects from Safeguard Duty

One of the biggest questions since the announcement of a 25 percent safeguard duty on imported solar modules and cells from China and Malaysia is about the impact on...

August 9, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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Orissa High Court Issues Temporary Stay on Levy of Safeguard Duty on Solar Imports

The recommendation made by the Directorate General of Trade Remedies (DGTR)  to impose a 25 percent safeguard duty on solar imports has displeased both developers and...

July 25, 2018

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Priya Sanjay

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Markets & Policy

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Solar
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Economic Survey 2018 Calls for Review of Subsidies for India’s Green Energy Sector

Concerns about tumbling tariffs and frequent Power Purchase Agreement (PPA) renegotiations were just a few of the items highlighted by the Economic Survey 2018, which...

January 30, 2018

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Ankita Rajeshwari

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Markets & Policy

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Solar

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