Solar Industry Asks IREDA to Pay GST and Safeguard Duty Receivables at 10.41%

NSEFI sought IREDA’s interest rate to be at the same level as SECI’s proposed annuity rate of 10.41% for GST and Safeguard Duty compensation

July 7, 2020

/ Ankita Rajeshwari

/ Markets & Policy, Solar

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In a letter addressed to the Ministry of New and Renewable Energy (MNRE), the National Solar Federation of India (NSEFI) has asked SECI and IREDA’s policies on loan and interest rates for solar developers to be aligned together to prevent solar developers from incurring losses.

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Ankita Rajeshwari

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Solar Industry Asks IREDA to Pay GST and Safeguard Duty Receivables at 10.41%

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