India’s Cloudy Solar Energy Market [ft.com]

From last July, developers have had to pay 5 per cent under the new goods and services tax on solar equipment, while some ports are charging an additional 7.5 per cent import duty on panels from abroad.

Regulators are now proposing an “emergency” 70 per cent tariff on solar parts made in China, Malaysia and the west, in a bid to protect the few Indian panel manufacturers. The move follows similar actions by the US and EU.

“Some ports” are charging additional duty on foreign goods.