TAG: "GST rate cut on PV Cells"
News
Solar Firms Slash Prices as GST Cut Benefits Reach End Users
Solar industry players have quickly reflected the GST rate cuts in their pricing strategies, signalling a strong and coordinated response across the renewable energy value chain.
GST Rate Cut On PV Cells | September 26, 2025 | By Abha Rustagi | 914
ReNew Energy Global Reduces Module and Cell Prices Following GST Cut
The GST reduction will translate into direct savings of up to INR 10 lakhs per MW for non-DCR modules and up to INR 15 lakhs per MW for DCR modules for utility-scale projects.
GST Rate Cut On PV Cells | September 23, 2025 | By Abha Rustagi | 608
GST rationalisation on RE equipment from 12 percent to 5 percent could cut module and component cost by 3-4 percent, save INR 20-25 lakh/MW in utility-scale solar projects. Rooftop solar under PM Surya Ghar could be cheaper by INR 9,000-10,500 for a 3 kW system. A 5 HP solar pump, costing about INR 2.5 lakh, will now be cheaper by nearly INR 17,500.
GST Rate Cut On PV Cells | September 17, 2025 | By Mrinmoy Dey | 2099
Government Slashes GST on Renewable Energy Devices from 12 Percent to 5 Percent
The GST Council has reduced the Goods and Services Tax (GST) on renewable energy devices and related parts from 12 percent to 5 percent, effective September 22, 2025, as part of its broader tax rationalisation reforms. It has also reduced GST on non-lithium-ion batteries to 18 percent from 28 percent.
GST Rate Cut On PV Cells | September 04, 2025 | By Mrinmoy Dey | 14622
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