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.
September 23, 2025. By Abha Rustagi
This development will translate into substantial savings for utility-scale developers, rooftop solar consumers, and farmers under flagship schemes like PM Surya Ghar Muft Bijli Yojana and PM-KUSUM, further democratising access to clean energy.
Speaking on the announcement, Sumant Sinha, Founder, Chairman, and CEO of ReNew, said, "This GST reduction is a landmark step that will accelerate India’s clean energy transition. At ReNew, we are proud to pass on the full benefit to our customers, reaffirming our commitment to affordability, scale, and sustainability. As India’s largest integrated solar manufacturer, we believe this move will catalyse adoption across segments, from large-scale developers to rooftop consumers and farmers."
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.
For residential consumers under the PM Surya Ghar Muft Bijli Yojana, the cost of a typical 3 kW rooftop solar system is expected to decrease by up to INR 5,000. Meanwhile, farmers installing 5 HP solar pumps under PM-KUSUM will benefit from a reduction of up to INR 12,000.
ReNew manufactures approximately 21,000 solar modules and 61,000 solar cells daily. The company’s vertically integrated manufacturing capabilities spanning cells, modules, and advanced solar components position it uniquely to deliver high-quality products at scale.
please contact: contact@energetica-india.net.
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