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The Ministry of New and Renewable Energy has issued a new circular on February 4, 2026, announcing fresh customs duty concessions for the wind energy sector. This circular follows a recent notification released by the Department of Revenue under the Ministry of Finance and is aimed at supporting domestic manufacturing of wind power equipment.
As per the update, the government has introduced a concessional customs duty on the import of forged steel rings. These components fall under tariff item 7326 9099 and are a key raw material used in the manufacturing of special bearings for wind-operated electricity generators. By lowering the import duty on these items, the government aims to reduce production costs and improve the availability of critical components required for wind energy projects in India.
The ministry has clarified that companies seeking to avail of this duty benefit must apply through the official MNRE Wind Concessional Customs Duty Certificate portal. All applications must include necessary supporting documents such as invoices and packing lists. These documents should clearly establish the correct tariff classification of the imported forged steel rings to avoid any delays or rejections.
The circular noted that this administrative decision has been approved by the competent authority and is part of broader efforts to strengthen the renewable energy supply chain. The circular was signed and released by Rishikesh Vaishnav, Scientist-C at the Ministry of New and Renewable Energy.
