BCD

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

The industry urged the government to create the right ecosystem for RE manufacturing to grow within the country

Former Secretary of Ministry of New and Renewable Energy (MNRE) Anand Kumar said India must not shy away from investment in the RE manufacturing sector

The RE industry leaders have said that the immediate effect of BCD imposition is not going to be visible in the coming 18 months and that more needs to be done