Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India Updated On Thu, Sep 28th, 2023 by Saurenergy Read more
Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India Updated On Thu, Sep 28th, 2023 by Saurenergy Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […] Read more
CERC Asks SECI to Compensate Developer For BCD On Solar Cells Updated On Mon, Jun 5th, 2023 by Saurenergy The CERC has maintained that ReNew Solar Energy (Jharkhand Three) Private Limited is entitled to compensation on a PPA signed with the Solar Energy Corporation of India Limited (SECI) following the imposition of safeguard duty on solar cells/modules. The firm said that the imposition has resulted in an increase in the rate of Basic Customs […] Read more
CERC Rejects Change In Law Plea For BCD Demanded By Developers In SECI’s Tranche IX Solar Tender Updated On Thu, Mar 9th, 2023 by Saurenergy Read more
CERC Rejects Change In Law Plea For BCD Demanded By Developers In SECI’s Tranche IX Solar Tender Updated On Thu, Mar 9th, 2023 by Saurenergy In the tariff approval plea filed by SECI (Solar Energy Corporation of India) for its tranche IX solar tender, where it had bid out 2000 MW of capacity in 2020, the CERC (Central Electricity Regulatory Commission) found itself analysing a range of issues. Be it the change in GST on key solar components, to increase […] Read more
ALMM, BCD Update- Developers Hope For Relief Soon Updated On Wed, Sep 7th, 2022 by Saurenergy Read more
ALMM, BCD Update- Developers Hope For Relief Soon Updated On Tue, Sep 6th, 2022 by Saurenergy Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […] Read more
15 GW Solar Projects risk impact from BCD on April 2022, Says NSEFI Updated On Mon, Feb 14th, 2022 by Saurenergy With barely six weeks to go before the the Basic Customs Duties (BCD) on solar module imports(40%) and solar cells (25%) kick in, the National Solar Energy Federation of India (NSEFI) has written to the MNRE to make a case for grandfathering of these projects. By grandfathering, these projects would, in effect be exempt from […] Read more
Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project Updated On Thu, Feb 3rd, 2022 by Saurenergy Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […] Read more
