SUBSCRIBE NEWS LETTER

solar equipment

IPO Time For India Solar Equipment Manufacturers In 2021

After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply  because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […]

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R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment

In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on  self reliance in renewable energy manufacturing organised by the Confederation […]

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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 […]

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India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry

Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […]

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India Pledges to Tighten up Solar Equipment Imports Soon : RK Singh

India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing, RK Singh has said. India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing even as power demand post the covid outbreak has rebounded, RK Singh, Minister for New and Renewable […]

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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 […]

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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. […]

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3 Firms Pitch for Equalisation Levy on Solar Equipment Supplies From SEZs

A group of three domestic solar energy firms has pitched for an equalisation levy on solar equipment supplies from SEZs for domestic use A group of three domestic solar energy firms has pitched for an equalisation levy on solar equipment supplies from special economic zones (SEZs) for domestic use, so as to bring them at […]

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