safeguard duty

Ministry of Finance Confirms Force Majeure Status for Coronavirus

In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […]

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The Potholes of 2019 for India’s Solar Drive

Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […]

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CERC Brings Relief on Safeguard Duty for ACME Solar and Arisun

CERC has provided compensatory relief for ACME and Arisun after accepting their plea to consider the imposition of the safeguard duty as “Change in Law”. The Central Electricity Regulatory Commission (CERC) has in its latest order, provided compensatory relief for ACME Jaipur Solar and Arisun Clean Energy after accepting their plea to consider the imposition […]

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India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal

India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […]

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NIMMA Regrets Lack of Promised Action, Reiterates Plea For Level Playing Field

The North India Module Manufacturer Association (NIMMA), an industry association for primarily SME solar module manufacturers in Domestic Tariff Area, made a fervent plea for a level playing field and sensible regulations at a press conference in New Delhi on Sept 4, 2019. The body counts close to 35 members, mostly in the SME sector. […]

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No Slowdown in Solar Power Generation Post Safeguard Duty: RK Singh

India generated over 81 thousand million units (MU) of solar power in the last three financial years, minister RK Singh informed the Rajya Sabha. India generated over 81 thousand million units (MU) of solar power in the last three financial years (2016-17 to 2018-19), Minister of State for Power and New and Renewable Energy, RK […]

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US Ends Preferential Trade Treatment, Solar Exports From India to Bear 25% Safeguard Duty

The decision is set to put additional tariffs burden of over $300 million on the American businesses every year, including solar exports from India which are expected to incur a safeguard duty of 25 percent. In a major blow to India’s newly elected government, the Trump administration has terminated India’s designation as a beneficiary developing […]

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Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed

Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […]

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