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DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

The proposed safeguard duty would inflate project costs and crank up tariffs, making solar power less attractive to power distribution companies

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The proposed 70 percent provisional safeguard duty on solar imports, if levied, has the potential to reverse India’s solar growth trajectory and send the wrong signal to the investment community and the rest of world by once again making solar more expensive than coal.

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