New GST Rates on Renewable Energy Goods Likely to Reduce Costs and Tariffs

Developers say renewable energy tariffs may decrease in the coming auctions

September 12, 2025

/ Finance and M&A, Mercom Research Focus, Solar, Wind,

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The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while enhancing project viability for developers.

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Melvin Mathew

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New GST Rates on Renewable Energy Goods Likely to Reduce Costs and Tariffs

Continue Reading with Premium Access

Comments

Get the most relevant India solar and clean energy news.

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