Solar industry hopes the Budget will pave way for tariff barriers on imports
BENGALURU: The renewable energy industry is hoping that the upcoming Union budget will provide clarity on implementation of the long-pending basic customs duty on solar cells and modules, which they said would fast-track investments in the sector.
“We look forward to clarity on schemes that would attract investment towards capacity creation in the solar PV supply chain in India,” said Sujoy Ghosh, vice president – APAC & India Region at First Solar, a leading US solar panel manufacturer that has been considering setting up a production unit in India.
