Just weeks after the Indian government exempted import solar modules from custom duties, the impact of the decision was seen in the substantial fall in tariff bids.
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India is looking at ways to support domestic manufacturers of solar cells and modules as it aggressively increases installed capacity.
India’s largest solar cells and modules manufacturer, Mundra Solar PV, has announced plans to aggressively increase its production capacity over the next few years.
India has received objection from WTO members over another of its decision regarding its solar power policy.
India witnessed its highest-ever solar power capacity addition in a quarter during the first three months of this year, government data shows.
Gujarat Urja Vikas Nigam Limited, or GUVNL, has announced that it scrapped the latest 500 megawatt auction for solar power projects and shall re-tender the capacity soon. The reason cited for the decision is higher-than-expected bids.
Uncertainty over various duties has led to a jump in solar power tariff bids in India’s latest auctions.
Indian EPC contractor Mahindra Susten has once again secured the rights to develop a solar power project equipped with a storage system in the Andaman Islands of India.
The entity responsible for the development of two solar power parks with a cumulative capacity of 1 gigawatts recently signed a funding agreement to finance the first phase of development.
The Ministry of New & Renewable Energy in India has issued guidelines to all states related to the decision of the World Trade Organisation related to obligate use of Indian-made solar cells and modules.