{"id":656141,"date":"2025-12-10T11:57:16","date_gmt":"2025-12-10T06:27:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=656141"},"modified":"2025-12-10T11:57:16","modified_gmt":"2025-12-10T06:27:16","slug":"renewables-ministry-moots-duty-correction-for-inputs-in-wind-power-component-manufacturing","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renewables-ministry-moots-duty-correction-for-inputs-in-wind-power-component-manufacturing\/","title":{"rendered":"Renewables ministry moots duty correction for inputs in wind power component manufacturing"},"content":{"rendered":"<p>New Delhi: India\u2019s push to localize wind turbine components may hinge on a crucial fix: making the specialty steel that goes into gearboxes for turbines cheaper to source. The ministry of new and renewable energy has recommended lowering the 15% basic customs duty on this high-grade steel in the upcoming Union Budget, two people aware of the proposal said.<\/p>\n<p>Currently, the import duty on special grade steel used in gearbox manufacturing is 15% while that on gearboxes is 7.5%, making imported gearboxes more attractive for buyers than the ones locally produced.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: India\u2019s push to localize wind turbine components may hinge on a crucial fix: making the specialty steel that goes into gearboxes for turbines cheaper to source. The ministry of new and renewable energy has recommended lowering the 15% basic customs duty on this high-grade steel in the upcoming Union Budget, two people aware of the proposal said. Currently, the import duty on special grade steel used in gearbox manufacturing is 15% while that on gearboxes is 7.5%, making imported gearboxes more attractive for buyers than the ones locally produced.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-656141","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/656141","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=656141"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/656141\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=656141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=656141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=656141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}