Power Equipment Import Duty

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  India To Check Power Equipment Imported From China For Malware, Trojan

  Tightening import norms, India will check all power equipment bought from China for malware and Trojan horses that can be potentially used to trigger electricity grid failures to cripple economic activity in the country, Power Minister RK Singh said.

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  Cut Import Duty on Wind Power Equipment: Sumant Sinha

  The government is aiming at green energy capacity to 175,000 MW by 2022.

• Cabinet clears divestment of 10.82% stake in SAIL

  The Cabinet also approved a 21 per cent import duty on power equipment used in projects of at least 1,000 MW. The proposal to divest SAIL is be the first disinvestment proposal in this fiscal and it comes after the lukewarm response to ONGC sell off last fiscal. The government holds 85.82 per cent in the country's largest steel producing company.

• Cabinet to decide on import duty on power equipment, disinvestment

  Some big ticket decisions expected at the Cabinet meeting scheduled for Thursday.

• Power Ministry to seek 19% duty on imported power gear, again

  The Power Ministry is likely to move its proposal to levy 19 per cent duty on imported electricity equipment for large projects to the Cabinet.

• Power ministry moves Cabinet note for duty on equipment imports

  "We received comments from all the concerned ministries based on that we have sent a note to the Cabinet, now it can be taken up any time soon," Power Secretary P Uma Shankar said, but did not divulge the percentage of duty to be levied on equipment imports for projects of more than 1,000 mw capacity.

• Budget 2012: Imported power equipment may attract 10-12% duty

  Even though the Department of Heavy Industry (DHI) and the Power Ministry are in favour of 14 per cent import levy, DEA believes that 10-12 per cent duty is adequate, they said, adding the specifics are being worked out.

• Levy of import duty on power equipment will hurt sector: APP

  The levy of customs duty on imported power equipment will increase the cost of power generation and delay capacity addition, warned industry body APP

• Row on power equipment import duty; PM intervention sought

  The Power Ministry has proposed imposition of 14 per cent import duty.

• Power companies oppose import duty

  Equipment manufacturers claim imposing a duty on imported equipment is the only way they can get a level playing field as artificially depressed currency has given Chinese equipment manufacturers an undue advantage.

• Import duty on gear to make electricity costlier: Private power cos

  Private power producers and domestic equipment makers are at loggerheads over the duty on imported equipment.

• Cheap Chinese funding will hurt local power equip makers: Govt

  Availability of cheap Chinese financing would result in "unfair" advantage to China's equipment makers.