News Highlights from India’s Renewable Energy Sector in July 2019
The month of July was filled with significant happenings in all segments of the renewable industry. While the biggest event of the month was the introduction of the Budget 2019, ...
In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%
In a positive development towards increasing electric mobility in the country, the government has cut the applicable rate of Goods and Services Tax (GST) on electric vehicles (EVs). The 36th ...
Budget 2018-19: A Disappointing Budget for Solar and Renewable Energy Sector
The much-anticipated Union Budget 2018-19 was tabled in parliament on 1 February 2018 by Finance Minister Arun Jaitley. However, the new budget for the coming financial year has, in most ...
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 was tabled in Parliament by ...
2017-18 Budget a Disappointment for the Indian Renewable Energy Sector
Overall, India’s 2017-18 budget is a disappointment for renewable energy sector. There were no major subsidies or incentives announced. There had been hope that reduction in accelerated depreciation and the ...
