Solar Thermal Federation of India

Solar Thermal Industry Welcomes GST Reduction to 5%

On expressing optimism on market growth, Malaviya added that “with this reduced GST, the end product will become economical for the consumer and it is expected the market to witness growth.” In order to provide much awaited relief to the solar thermal industry, the Union Minister for Finance & Corporate Affairs Nirmala Sitaraman has recently […]

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Solar Thermal Industry Seeks Replacement of 18% GST with 5%

Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […]

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Renewable Energy Industry Reactions on Interim Budget 2019

The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […]

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STFI, IGCC to implement three-year support project for solar process heat “Solar Payback” in India

Solar Payback project aims to increase the use of solar thermal energy in industrial processes The Solar Thermal Federation of India (STFI) and the Indo-German Chamber of Commerce (IGCC) have teamed up for the international ‘Solar Payback’ project. The Solar Payback project aims to increase the use of solar thermal energy in industrial processes. Supported […]

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