Safeguard Duty Will Push Tariffs Up And Hamper Capacity Growth, Say Solar Power Developers

Application of the safeguard duty would adversely irnpact commercial viability of some solar power projects and the increased tariffs will be ultimately passed on to the customers, hampering adoption of clean energy.” Nikunj Ghodawat, CFO at CleanMax Solar, one of the largest rooftop solar developers, said.