DhaSh PV Technologies Hails GST Reduction on Renewable Energy Equipment as a Major Boost to the Clean Energy Sector

DhaSh PV Technologies, India’s leading manufacturer of integrated PV junction boxes and solar components, has welcomed the Indian government’s recent decision to reduce the GST on renewable energy equipment to 5%, describing it as a “transformative move” that will significantly accelerate the nation’s transition to clean energy.

On September 4, 2025, the GST Council announced a major tax reduction on renewable energy equipment, including components used in solar and wind power systems. Previously subject to rates of up to 12%, these items will now be taxed at a uniform 5% GST. The move is widely regarded as a response to industry calls for greater policy clarity and cost predictability.
DhaSh PV welcomed the move as a significant catalyst for advancing India’s renewable energy ambitions, noting that the reform is strongly aligned with the company’s enduring vision of building a sustainable and self-reliant energy ecosystem.

The company highlighted that the reduced tax burden would lower project costs, enhance financial planning, and attract greater investment in renewable technologies. It also anticipates that the reform will foster innovation, enabling the development of next-generation components and high-efficiency solar solutions.

Strengthening Domestic Capabilities
DhaSh PV has been a key player driving India’s solar manufacturing boom. In 2024, the company boosted its production capacity for PV junction boxes to 40 GW and now marching towards 63GW, responding to growing demand fuelled by the country’s ambitious renewable energy goals.

In February 2025, DhaSh unveiled groundbreaking product innovations, including the “TRIO Pro 35A” junction box and 2000V PV connectors, engineered specifically for high-performance solar applications. These advancements highlight the company’s dedication to advancing India’s clean energy transition with cutting-edge, domestically manufactured components.

A Win for the Entire Ecosystem
The company believes that, in addition to immediate commercial advantages, the GST reduction will promote increased transparency, stability, and sustainable long-term growth within India’s renewable energy sector. As India strives to achieve its ambitious renewable energy goal of 500 GW of non-fossil fuel capacity by 2030, industry leaders like DhaSh PV recognise that policy reforms are crucial catalysts driving this progress forward.