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Union Budget 2025 Expectations: A Push for Renewable Energy Growth with Subsidies, Incentives, Innovation

With a solid policy framework and strategic investments, Union Budget 2025 has the potential to bring India closer to its goal of becoming a global leader in renewable energy.

GST | January 22, 2025 | By Abha Rustagi | 2849

Andhra Pradesh High Court Grants GST Relief to Solar Sector, Reduces Tax Rate to 5 Percent

The Andhra Pradesh High Court ruled that solar power projects qualify as composite supplies, reducing the GST rate to 5 percent, a decision that provides significant relief and clarity for the renewable energy sector, promoting growth and investment.

GST | January 17, 2025 | By EI News Network | 575

RE Industry Seeks Policy Boost, Financial Incentives Ahead of Union Budget 2024-25

The introduction of strong incentives for research and technical advancement, improved access to affordable finance, and a decrease in the GST rates on renewable energy components are among the main goals.

GST | July 09, 2024 | By Abha Rustagi | 2079

Alfanar, Juniper, and RIH Secure 164 MW in GUVNL's 500 MW Wind Auction

The auction, initiated in July 2023, featured a greenshoe option for an additional 500 MW.

GST | January 03, 2024 | By Abha Rustagi | 1809

CERC Grants Compensation to Ostro Energy in Landmark Decision on GST Rate Hike

OEPL, known for its involvement in solar power projects, argued that the GST rate hike resulted in additional project costs, qualifying as a "Change in Law" event under the PPA.

GST | December 28, 2023 | By Abha Rustagi | 882