BCD on imported solar cells, modules to increase solar bid tariffs: ICRA
BCD on imported solar cells, modules to increase solar bid tariffs: ICRA ANI | Updated: Mar 13, 2021 12:56 IST New Delhi [India], Mar 13 (ANI): The imposition of 40 per cent basic customs duty (BCD) on solar modules is expected to increase capital cost of a solar power plant by 23 to 24 per cent as modules form about 55 per cent of the overall capital cost, according to investment information firm ICRA. The increase in capital cost is expected to raise solar power tariffs by 45 to 50 paise per unit provided the module prices remain in line with existing l...
Source: aninews.in