Excise duty exemption to enhance nuclear, renewable project viability
after close1 source ↓written by the desknot a recommendation
The government has exempted customs duty on goods for nuclear power projects and lithium-ion cells for battery energy storage systems. This move aims to reduce project costs and boost private capex until 2035, improving the viability of nuclear and renewable energy projects. The previous capacity threshold of 440 megawatts has been removed, enhancing investment potential.
Not investment advice. For informational purposes only.