{"id":406783,"date":"2021-03-24T12:18:13","date_gmt":"2021-03-24T06:48:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406783"},"modified":"2021-03-24T12:18:13","modified_gmt":"2021-03-24T06:48:13","slug":"basic-customs-duty-on-solar-cells-modules-to-push-tariff-upwards-cost-rs-900-cr-to-discoms-annually-ind-ra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/basic-customs-duty-on-solar-cells-modules-to-push-tariff-upwards-cost-rs-900-cr-to-discoms-annually-ind-ra\/","title":{"rendered":"Basic customs duty on solar cells, modules to push tariff upwards, cost Rs 900 cr to discoms annually: Ind-Ra"},"content":{"rendered":"<p>The government\u2019s decision to levy basic customs duty (BCD) on solar cells and modules from April 1 will lead to increase in solar power tariff rates and create additional risk for domestic manufacturers in incurring significant capex, according to India Ratings and Research (Ind-Ra). Further, it would reduce the overall attractiveness of solar projects to off-takers and finally end-consumers, the agency said in a statement. \u201cThe imposition of basic customs duty (BCD) on solar cells and modules with effect from April 1, 2022 will lead to an increase in solar tariffs on account of a rise in the overall project costs,\u201d Ind-Ra said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government\u2019s decision to levy basic customs duty (BCD) on solar cells and modules from April 1 will lead to increase in solar power tariff rates and create additional risk for domestic manufacturers in incurring significant capex, according to India Ratings and Research (Ind-Ra). Further, it would reduce the overall attractiveness of solar projects to off-takers and finally end-consumers, the agency said in a statement. \u201cThe imposition of basic customs duty (BCD) on solar cells and modules with effect from April 1, 2022 will lead to an increase in solar tariffs on account of a rise in the overall project [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-406783","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=406783"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406783\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}