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Adani seeks new lifeline for troubled power plant amid B'desh pay backlog

Business Standard LogoBusiness Standard1w ago

Adani seeks new lifeline for troubled power plant amid B'desh pay backlog - Business Standard

Quick Summary:

Unless the trade ministry grants an exemption, they said, the power produced would be considered imported — and subject to a tax.

Without these concessions, the power becomes effectively impossible to sell to India’s price-sensitive consumers.

In 2020, when India began finalizing the import taxes on solar cells and modules, more than 60% of its locally-produced modules came from these export promotion zones.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 11:48:46 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24313819

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 195 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/adani-seeks-new-lifeline-for-17338120659271

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