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<p><span style="font-size:9.0pt">Power Sector is attributable to Regulatory Risk and Policy Uncertainties. Solar segment is currently facing hurdles like import duty, safeguard duty, GST uncertainty, and inadequate transmission evacuation facilities, that has stalled pace of solar capacity additions. Lack of clarification on these issues have kept the developers away from Solar Auctions, as these factors play a major role in tariff determination of solar projects.</span></p> <p><span style="font-size:9.0pt">Directorate General of Trade Restrictions (DGTR) recommended that safeguard duty on solar panels and modules imported from China and Malaysia should be imposed for two years -- 25% for the first year, 20% for the first six months of the second year, and 15% for the remaining six months. Imposition of such duty would increase the solar tariff, which shall be passed on to Discoms. Developers are dubious that would state regulatory commissions will agree to bear the additional duty. </span></p> <p><span style="font-size:9pt">Government must earnestly mull over issues faced by developers, as it is hurting targeted solar capacities addition.</span></p>