Business Standard

New duty structure for equipment import, 40% BCD on solar gear: R K Singh

Discoms loan scheme oversubscribed, power rates to fall after new Electricity Act

Solar Power

Regarding DBT in electricity, Singh said, it will be beneficial for both the state governments and as well as the discoms

Shreya Jai New Delhi
India will set a new duty structure for power equipment which will discourage imports in the sector, union minister of state for power, new and renewable energy R K Singh said during a virtual press conference. Referring to the efforts of the Centre in curbing imports from China, the minister said solar gear coming in India would be levied basic customs duty in the range of 20-40 per cent.

Close to 75 per cent of India’s solar power capacity is built on Chinese solar modules. It is also one of the top-10 imported items from China in the country. 


Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 25 2020 | 7:09 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to