Solar Project Developers Still Waiting for Safeguard Duty Reimbursement
Developers in limbo, awaiting final order for compensation under “Change in Law” clause
December 17, 2019
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
To protect domestic cell and module manufacturers, a 25% safeguard duty was announced on solar cell and module imports from China and Malaysia for the period between July 30, 2018, and July 29, 2019. The duty was set at 25% for the first year, followed by a phased down approach for the second year, with the rate reduced by 5% every six months until the duty is set to end after July 2020.