BCD

India’s Solar Manufacturing- A Tale of failed Government Initiatives

India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […]

Read more

Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII

CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […]

Read more

“I have not witnessed a demand like this for the last five years”

Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […]

Read more

SPDA Makes a Case for 18 Month Deferment of BCD On Solar Equipment

Just a week after the manufacturers association, the All India Solar Industries Association (AISIA) made a plea for 50 percent BCD at the earliest, comes the rejoinder from Solar Power Developers Association (SPDA). The SPDA is a national association representing India’s ‘upcoming’ solar power generators and developers, and says that the Government must reconsider its […]

Read more

AISIA Bats for 50% BCD on Solar Equipment

The Body urged Government of India on immediate implementation of BCD All India Solar Industries Association (AISIA) has urged the government to impose at least 50% basic custom duty (BCD) on solar equipment for sustenance of domestic manufacturers. The country’s dependency on China for solar imports in FY20, was recorded at imports worth $1.3 billion. […]

Read more

BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE

The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […]

Read more

With SGD Extended by 1 Year, Manufacturer’s Eye BCD Announcement in August

Following the recommendations of the DGTR (Directorate General of Trade Remedies) last week, the government has formally notified the extension of the Safeguard Duty (SGD) by a year on Chinese origin solar equipment. The extension, till July 29, 2021, seeks to protect Indian manufacturers from alleged dumping by Chinese firms. Interestingly, there is no mention […]

Read more

BCD Status. Only Quantum The Issue

In what is now becoming the most common way to pick up views of the ministry, yet another Webinar, Amitesh Kumar Sinha, Joint Secretary in the Ministry of New and Renewable Energy has clarified yesterday that a decision will be taken on Basic Customs Duty, and soon. The issue is, in some way, a foregone […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll