(ET)
The looming threat of safeguard duty and anti-dumping duty on imports of solar panels and modules has begun impacting participation in solar auctions, leading to postponement of two recent auctions.
A1000 MW auction by Maharashtra State Electricity Distribution Co Ltd (MSEDCL), announced in December, has been postponed for the fourth time as only two developers submitted bids by February 23 deadline fixed after the third postponement. The last date for submission has now been extended to March 9.
Similarly, a 1200 MW auction by Karnataka Renewable Energy Development Ltd (KREDL) announced in end-January, has been postponed because just two developers submitted bids for 100 MW each. The last date for bid submission, originally set for February 21, was changed to March 2.
