Petition updateIndia's Solar progress - STOPPED !Customs duty impact HIGHER payback period !
Rathin Vyas (ENERCO)Mumbai, India
Feb 18, 2022

From 01st Apr 2022, India will impose Basic Customs Duty (BCD) of 40% on imported solar pv modules and 25% on imported solar pv cells. It is indeed a good move towards Make-in-India but is domestic module mfg. really geared up to meet the massive demand? Would this not make the solar projects more expensive? What should stakeholders do?

Detailed analysis cost + payback period impact : https://www.enercoenergysolutions.com/solar-energy-project-cost-after-31st-march-2022

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