NEW DELHI: In a bid to provide relief to solar power projects stuck amid a shortage of modules, the Centre has extended the deadline for completion of projects for which bids were finalized before the announcement of the basic customs duty on modules. On 9 March, 2021, the Centre announced that from 1 April, 2022 imported solar PV modules would …
Solar power producers are staring at a sharp escalation in costs of projects under construction if they fail to complete them before the government imposes a basic customs duty on imported solar photovoltaic cells and modules from next year. Power producers will, however, be forced to rush to finish projects within deadlines with imported equipment to keep costs under control …