India’s Ministry of Power (MOP) has sent a letter to the Central Electricity Regulatory Commission (CERC) asking it to accelerate the pass-through option in the case of any ‘change in law’ that affects power project costs, including the safeguard duty on solar imports.
Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.
