This story is from July 22, 2018 PTI | Jul 22, 2018, 10:17 IST Moreover, it said that the discoms will not purchase solar power as soon as the tariff increases above Rs 3 per kWh on account of safeguard duty. KKS ANS ANS (This story has not been edited by timesofindia.com and is auto–generated from a syndicated feed we subscribe to.) more from times of india business
India's Solar Power Developers Association (SPDA) has called on the country's Directorate General of Trade Remedies (DGTR) to exempt the solar cell and module imports industry from safeguard tariffs on ongoing projects. The DGTR planned to impose a one-year, 15% levy on imports, which would then be reduced to 20% for H1 of the second year, and 25% for H2.The SPDA said the duties would endanger investments totalling INR1tr ($14.5bn), put thousands of jobs at risk and threaten the availability of low-cost energy to consumers.