Surging commodity prices and the introduction of BCD are expected to push up solar tariffs by more than one-fifth over the next year, said a new report
Synopsis: As the Basic Customs Duty (BCD) on imported solar cells and modules takes effect on April 1, the cost of solar modules from domestic Original Equipment Manufacturers (OEMs) is expected to be lower by 10-11 percent in comparison to imported solar gear, said a new report by ICRA Ratings
The lowest tariff discovered at an e-reverse auction conducted by MSEDCL is about 21.6 percent higher than the record-breaking tariff of Rs 1.99/kWh, said a report
BCD of 25% and 40% on imported solar cells and modules is likely to result in an increase in the capital cost of a solar power plant project by 23-24 percent which will raise tariffs