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Solar modules — Duty doubt must end quickly

Confusion reigns supreme post the expiry of safeguard levy; govt needs to clear the air on the way ahead till April next year

August 03, 2021 / 08:38 AM IST
Solar modules — Duty doubt must end quickly

Representative image: Reuters

Clouds of uncertainty are hanging over the solar firmament. Both equipment manufacturers and project developers are on tenterhooks, as the near-term scenario is uncertain, with the expiry of the safeguard duty on solar modules and cells late last week. The lack of official clarification on the matter so far is sparking waves of concern as India braces for the possibility of a flood of solar equipment imports over the next eight months in a duty-free environment. While easy imports can...

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