SUBSIDIES UNDER RENEWABLE ENERGY SECTOR-MINISTER OF NEW AND RENEWABLE ENERGY

UNSTARRED QUESTION/ நட்சத்திரமிடப்படாத கேள்வி

1948. DR. T. SUMATHY (A) THAMIZHACHI THANGAPANDIAN

Will the Minister of NEW AND RENEWABLE ENERGY be pleased to state:

(a) whether it is true that subsidies for India’s renewable energy sector have decreased by 59
percent since 2017 and if so, the details thereof and the reasons therefor;
(b) the rationale behind increased GST on critical components of solar projects from 5 per cent to
12 per cent;
(c) the details of the impact of increased taxes on solar products and solar panels, State-wise;
(d) whether it is a fact that India needs an investment of around $30 billion per year to achieve its
2030 renewable energy target compared to the present investment of $14.5 billion per year;
(e) if so, the details along with the measures taken therefor; and
(f) the measures taken/being taken by the Union Government recently to decarbonise the energy
sector and to fulfill its commitment to become a net zero country by 2070?

173-28.07.2022

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