BENGALURU: Developers who won solar projects just before safeguard duty on solar panels and modules was imposed on July 30 last year have been greatly relieved by an order passed by Maharashtra’s power regulator on Friday, maintaining that such duty amounted to a “change of law” and that developers should be adequately compensated for it.
Tata Power, Acme Solar and Adani Green Energy won 150 MW, 250 MW and 200 MW respectively in a 1000 MW solar auction conducted by Maharashtra’s main