Raises

India raises tariffs on PV inverters

On February 3, 2026, the nations struck a deal to reduce reciprocal tariffs on Indian goods, including solar modules and energy storage components, from 25% to 18%. For developers, relief comes from the removal of penalties. . ble 15: Proposed Capital Cost for SHP Projects (Rs. Lakhs/M st for Biomass . India has officially lowered the Basic Customs Duty (BCD) on imported solar cells from 25% to 20%, and on solar modules from 40% to 20% which should boost the country's PV installations as it targets 500 GW of non-fossil fuel power generation capacity by 2030. The country's Minister of Finance. . Tariff reductions under the new U. The Visakhapatnam port in India Image: eclicks_by_bunny, Wikimedia Commons, CC BY-SA 4. Sharing their views with PTI over the deal, the RE players said the improved tariff environment. . The Ministry of New and Renewable Energy has updated List I of the Approved List of Models and Manufacturers for Solar PV modules (Revision no. Only such models of Solar PV Module Manufacturers are enlisted under ALMM, which comply with the BIS standards and are having the following minimum. . Recently, US president Donald Trump announced a 25% tariff on all imports from India starting 1 August 2025. He warned that a further 25% tax could follow as India continues to import crude oil from Russia. Additionally, the US Department of Commerce has launched antidumping (AD) and countervailing. .