Madhya Pradesh Proposes EV Charging Tariff of ₹6 and ₹5.90 for LT and HT consumers

Ministry of Finance Gets 15 EVs, 28 Charging Stations Installed in Delhi’s North Block

The Energy Efficiency Services Limited (EESL) has signed an agreement to deliver 15 electric vehicles (EVs) to the Department of Economic Affairs that comes under the Ministry of Finance. With ...
Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

It has been almost 6 months since the imposition of safeguard duty on solar imports to India. However, the industry is still clamoring for clarity amid a plethora of problems ...
/ / Markets & Policy, Solar
GST Rate 5% or 18%? Solar Sector Continues to Live with Uncertainty

GST Rate 5% or 18%? Solar Sector Continues to Live with Uncertainty

Passed on 1st July 2017, India’s Goods and Services Tax (GST) is an indirect tax imposed on goods and services, and replaces existing state and central taxes of a similar ...
/ / Markets & Policy, Solar
Supreme Court Allows Government to Levy 25% Safeguard Duty on Solar Imports

Supreme Court Allows Government to Levy 25% Safeguard Duty on Solar Imports

India will soon begin with the imposition of safeguard duty on solar cells and modules which had been put on hold by the government. In a significant order, the Supreme ...
/ / Markets & Policy, Solar
SECI, Solar, PV, Grid-Connected, Standalone

Orissa High Court Sets Next Hearing for Solar Safeguard Duty Case on August 27, 2018

The Orissa High Court today heard the petition filed against the levy of safeguard duty and fixed August 27, 2018, as the next date of hearing for the case. When ...
/ / Markets & Policy, Solar
No Safeguard Duty on Solar Imports for Now, Says Ministry of Finance

No Safeguard Duty on Solar Imports for Now, Says Ministry of Finance

Considering the recent stay order put in force by the Orissa on the safeguard duty notification, the Ministry of Finance has now announced that the government will, for the time ...
FAME India II Likely to Have ₹40 Billion as Subsidy for EVs and Charging Infrastructure

FAME India II Likely to Have ₹40 Billion Subsidy Outlay for EVs & Charging Infrastructure

The Ministry of Finance is expected to approve a corpus of ₹40 billion (~$0.58 billion) as subsidy to be disbursed under the second phase of Faster Adoption and Manufacturing of ...
The United States Exempts Bifacial Solar Modules from Safeguard Duty of 25%

India Imposes 25% Safeguard Duty on Imported Solar Panels from China and Malaysia

The government  has levied safeguard duty of 25 percent on solar imports from China and Malaysia. The Ministry of Finance (Department of Revenue) levied the duty based on the final recommendations ...
Renewable Energy Development

ISA and EBRD Enter Partnership to Support Renewable Energy Development

The International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed a joint financial partnership declaration that deepens their cooperation in support of renewable energy ...
/ / Markets & Policy, Solar
Govt. of India NTPC 5% Stake

Investors Get to Participate in India Solar Story with Government Sale of 5 Percent Stake in NTPC

The Government of India is selling a five percent stake in the National Thermal Power Corporation (NTPC), a state-owned public utility, and the largest power utility in India, for $1.03 ...
/ / Finance and M&A, Solar
India Renewable Energy Policy Roundup

India Renewable Energy Policy Roundup from August 2017

Government agencies were busy in the month of August with two anti-dumping cases decided against Chinese companies for solar glass and castings for wind turbines. The Ministry of New and ...
/ / Other, Renewable Energy
India, China Anti-dumping

UPDATE: DGAD’s Office Initiates Anti-Dumping Proceedings Against Solar Imports

The office of the Directorate General of Anti-dumping & Allied Duties (DGAD) India, has notified the Chinese Embassy in India that they have received a petition for investigation regarding the ...
GST

Revenue Secretary Says Solar Module GST Rate To Be 5 Percent

The Revenue Secretary at the Ministry of Finance, Mr. Hasmukh Adhia, has tweeted that “all solar equipments and its parts would attract 5 percent GST only.” He has given statements ...