India developers seek tax relief, supply support in new state budget
- Admin
- Jul 22, 2024
- 1 min read
India aims to reach 500 GW of installed electricity capacity from non-fossil fuel sources by 2030, with significant focus on solar and wind energy. Government plans include accepting bids for renewable energy capacity, introducing production-linked incentives, and enhancing grid capabilities through investments. Various industry experts have called for tax rationalization, lower GST rates on solar components, and grid integration acceleration to support the growth of renewable energy projects.
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