Solar Import Duty

Union Budget 2026 removes basic customs duty on sodium antimonate, a specialised chemical used in photovoltaic glass, offering cost relief and competitiveness gains for solar glass manufactures

The government may provide direct incentives to the producers of solar modules as it believes that tax cuts may lead to practical difficulties

Power and New & Renewable Energy Minister R K Singh on Thursday said his ministry has proposed to impose basic custom duty (BCD) from August 1, this year on solar equipment

India is targeting to 100 gigawatt (GW) solar capacity by 2022

The plan has spurred foreign investment in the sector, with Japan's SoftBank and Goldman Sachs among others investing in solar projects in India