Solar panel prices that rose consistently over the last one year due to various constraints in the supply chain have seen a dip of around Rs 2.5 per Watt peak or up to 15% after the safeguard duty on imports ended on July 31.
Close to 3000 MW of ground mounted and around 300 MW of rooftop solar projects that were held-up have moved ahead, with companies placing orders with panel suppliers from China, South Korea, Vietnam and Taiwan for the next quarter, said industry officials. There is a none-month available for developers before the basic customs duty on panel imports kicks in from April next year.
