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
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
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