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Finance Ministry to revisit MOOWR customs benefits for imported battery storage systems

Economy
Published on 24 April 2026
Finance Ministry to revisit MOOWR customs benefits for imported battery storage systems

Imported batteries may lose a key warehouse advantage

India’s Finance Ministry is preparing discussions over customs warehousing benefits under the MOOWR scheme for imported battery storage systems. Industry groups warn the policy could tilt the market against domestic players, prompting concerns about misuse and gaps in implementation. The government plans consultations with the power and renewable energy ministries before deciding how the move fits energy security goals.

  • Finance Ministry will review MOOWR customs warehousing benefits
  • Industry groups say the scheme may create an uneven playing field
  • Officials are probing misuse risks and policy gaps
  • Decision will follow consultations with power and renewable ministries
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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