GST cut to lower renewable project costs; hike in oil, gas rates to raise upstream burden

The GST rate on solar photovoltaic (PV) modules and wind turbine generators has been cut to 5% from the earlier 12%. This is expected to reduce the capital cost for solar and wind projects by about 5%.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/BvljA3w