Solar Power equipment may get exempted from taxes
Ministry of industries and production (MoI&P) has presented a draft on “solarpanel and allied equipment manufacturing policy 2023”, according to which, it ishighly likely that the government would exempt the solar energy equipment andmachinery of all applied taxes. This step is being taken to promote the use of solarenergy and green electricity supply for industrial […]
Govt revising standardized Security Package Documents of Solar Projects
The Federal government has been working on altering the standardised SecurityPackage Documents (SPDs) of solar projects to ensure that more investments canbe attracted for the sector. Previously the Economic Coordination Committee (ECC) of the Cabinet that theFederal Cabinet on October 18, 2022 had approved several interventions underthe Framework Guidelines for Fast-Track Solar PV Initiatives 2022. […]