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While the 2021-22 budget had reduced the import duty from 5% to 2.5%.
Raising the duty would mitigate the impact of cheap Chinese steel.
The company’s earnings per share (EPS) dropped to ?0.75 (~$0.008) in Q2 FY25.
There is an exemption of customs duties on 25 critical minerals and a reduction in BCD.
The number of EVs allowed is based on investment, or a maximum value; whichever is lower.
A step towards increasing solar capacity from 60 GW to 280 GW by 2030
In Q1 2021, the YoY installations grew by 22% compared to 422 MW
The company to spend Rs 18k cr to increase capacity to 36 mt
Waiver to reduce cost for domestic industry, reduce product price
The last date to submit bids for the project is April 19, 2022
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