There are “no plans” to review the basic customs duty (BCD) levied on solar modules and cells, Union Power Minister R.K. Singh has said.
“I don’t want any Chinese imports and want everything Made in India,” Mr. Singh, who is also the Minister of New and Renewable Energy told PTI in reply to a question related to the duty levied on the two items.
Last year, the government had announced imposing 40% BCD on solar modules and 25% on solar cells with effect from April 1, 2022.
Mr. Singh said as a result of the duty, the domestic manufacturing capacity of modules and cells has started going up.
However, developers of renewable energy projects have been raising concerns that the domestic capacity is not enough to meet their needs of modules and cells, and were expecting relief from the government.
When asked about plans of reviewing the decision to impose duty, the Minister replied: “By and large this will remain. I don’t want any Chinese imports. No plans [of reviewing the decision or modifying it].”
According to research firm Mercom India Research, the domestic module manufacturing capacity was about 18-20 GW as of March 2022.
Published - June 10, 2022 09:20 pm IST
