.. Budget 2017 Brings Lower Indirect Levies For Clean Energy Equipment
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02 Feb 2017

Summary

  • Giving a boost to clean energy programme, Finance Minister Arun Jaitley today proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development for 20 GW capacity."In solar energy, we now propose to take up the second phase of Solar Park development for additional 20,000 MW capacity," Jaitley said while presenting the Budget for 2017-18 in the Lok Sabha today.Besides, the minister also proposed to feed about 7,000 stations with solar power in the medium term saying that a beginning has already been made in 300 stations and works will be taken up for 2,000 railway stations as part of 1000 MW solar ......

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