Winning Tariff of ₹2.20/kWh in the GUVNL Solar Auction Hasn’t Factored BCD
If the BCD were considered, the auction would result in tariffs hovering around ₹2.50/kWh
April 13, 2021
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The Indian Government’s endeavor to encourage domestic manufacturing of solar modules and cells led to the imposition of BCD (Basic Customs Duty) on solar modules with HSN Code 85414012 BCD (40% BCD), and solar cells with HSN Code 85414011 (25% BCD), from April 1, 2022.
Rahul Nair
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