Solar Energy News
Friday, 02 February 2018 16:48

Budget proposes nil import duty on solar energy equipment

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The government has proposed to eliminate the import duty on components that make up solar panels.

In his last full budget before Union elections, Finance Minister, Arun Jaitley has proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for manufacture of solar cells, panels, modules be reduced from 5 per cent to zero.

This move comes as a relief for domestic solar panel manufacturers that use the glass as an input. This is also positive for solar energy project developers who will seek a pass through of the benefit.

Additional Info

  • News Section: Solar Energy News
  • Month: February
  • Year: 2018
Read 77 times Last modified on Friday, 02 February 2018 16:49

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