No duty on Chinese imports for public solar power projects; Conditions apply

NEW DELHI: Chinese imports for public solar power projects will be exempted from the basic customs duty if the power purchase agreements were signed before the implementation of the duty, the Ministry of New and Renewable Energy (MNRE) said on Tuesday.

The decision is subject to the approval of the Department of Revenue under the finance ministry, said RK Singh, minister of state for power and new and renewable energy, told renewable energy companies at a meeting called by his ministry to convey the decision.

In case the finance ministry does not allow such a provision, Singh assured the companies that the MNRE will allow developers to claim reimbursements for imports from China, provided their PPAs are signed before August 1.