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Prime Minister’s Office Proposes Waiving Carbon Tax on Coal

This move is likely to make coal power prices more competitive with solar and wind energy

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According to a communique reviewed by Mercom, the Indian Prime Minister Narendra Modi’s office has proposed waiving the Goods and Services Tax (GST) Compensation Cess, (earlier called the Clean Energy Cess which was India’s version of carbon tax) on coal to reduce the financial strain on distribution companies, besides helping the thermal power projects install flue gas desulphurization to curb pollution.

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