Government Shuts Door on Solar Projects Hoping for Concessional Import Duty
Developers say the move is not unexpected as it aligns with domestic manufacturing thrust
October 20, 2022
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The government has amended the Project Import Regulations, 1986 to specifically exclude solar power projects from the purview of the law, effectively shutting down a legal route for developers to bypass restrictions on module procurement due to high Basic Customs Duty and Approved List of Models and Manufacturers (ALMM) rule.