India developers seek tax relief, supply support in new state budget

India's Union Budget will be presented next week. Developers in the country hope for lower goods and services tax (GST) and import duties on solar components, as well as a delay in enforcing the Approved List of Models and Manufacturers (ALMM) until domestic supplies improve. From pv magazine India India aims to reach 500 GW of installed electricity capacity from non-fossil fuel sources by 2030, with 293 GW from solar and 100 GW from wind, according to the government's Central Electricity Authority. As of June 30, 2024, India has installed 85,474. 31 MW of solar capacity, including 12. 92 GW ...

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