- India reduced the GST on solar and wind equipment from 12% to 5% to lower project costs and support renewable energy goals. This change, effective from 3 September 2025, is expected to reduce capital costs for projects by about 5%, enabling more competitive tariffs. Developers who haven’t procured equipment yet are likely to pass savings to consumers, while those who paid the higher GST can maintain agreements with documentation.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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