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Basic customs duty on solar cells, modules to push tariff upwards, cost Rs 900 crore to discoms annually: Ind-Ra

Asmita Pant, Senior Analyst at Ind-Ra, said, “The increase in tariffs will increase power purchase costs for solar off-takers by Rs 9 billion (Rs 900 crore) annually, considering that around 10 GW of solar capacity will come on stream in the next 12 months.” The government’s decision to levy basic customs duty (BCD) on solar […]

Waaree Renewable secures EPC contract for 22 MW solar project with ISMT – EQ

KERC: Amount Due to reimburse by appropriate increase in tariff per unit taking into consideration the minimum contracted energy in PPA

ORDER a) The petitions are partly allowed. b) The petitioner and the respondent in each of the cases shall verify the amount payable to the Petitioner in the respective cases after examining the documents and other directions given in para 48 & 54 above. This process shall be completed within a period of two months […]

Determination of Intra-State Transmission Tariff and other related charges for FY 2024-25 – EQ

Tariff rate on solar cells and modules to 20% in this budget

  By Vinay Kumar P In choosing to increase the tariff rate on solar cells and modules to 20% in this budget, India could be in breach of the Information Technology Agreement (ITA). We may expect pushback at the WTO from other ITA member countries. By now there is some consensus that the Budget does […]

Waaree Renewable secures EPC contract for 22 MW solar project with ISMT – EQ