safeguard duty

With Phased Duties on Solar Imports, Government Hopes for Orderly Transition

At his press conference today, Power Minister R.K. Singh confirmed that duties, possibly starting at 25 percent, will be imposed on module imports from August 1. He wasn’t absolutely certain on duties for cell imports, but indicated they would be treated at a lower rate, possibly 15 percent. It is also not clear if customs […]

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India Short Circuits Power Sector Imports, As China Shadow Looms

With material from China practically stuck at ports, ever since last week, when a border skirmish went out of control leading to fatalities on a hitherto ‘peaceful’ border, Power Minister R.K. Singh formally outlined a series of steps today, to combat the ‘risks’ of imports in the ‘strategic’ power sector. The measures, while stopping short […]

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SECI’s 2 GW Solar Tender Oversubscribed; Another 18.2 GW Capacity in Pipeline till July

In the wake of the overwhelming response from solar project developers, state-owned Solar Energy Corporation of India’s (SECI’s) tender for 2 GW of Interstate Transmission System (ISTS) connected solar photovoltaic (PV) project under tranche IX has been over-subscribed by about 2.35 GW, as per the research and advisory services provider firm. According to the report […]

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BCD Status. Only Quantum The Issue

In what is now becoming the most common way to pick up views of the ministry, yet another Webinar, Amitesh Kumar Sinha, Joint Secretary in the Ministry of New and Renewable Energy has clarified yesterday that a decision will be taken on Basic Customs Duty, and soon. The issue is, in some way, a foregone […]

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Large, Attractive And Safe. MNRE Secy’s Spirited Pitch for RE in India

At the MNRE, momentum for India’s ambitious renewable push will never be allowed to flag. Even at the time of COVID-19 pandemic. That was the message from Anand Kumar, Secretary, Ministry of New and Renewable Energy (MNRE), at a webinar tonite involving Sumant Sinha, Founder and CMD, ReNew Power, Nolty Theriot, Senior Vice President, Government […]

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India’s Solar Energy Plans Bogged Down With Supply Chain Issues

Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to India’s solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has […]

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Should Safeguard Duty Expiry in July be Replaced with Fresh Tariffs on Solar Imports from China and Malaysia?

Safeguard duty, which was implemented by the government in July 2018 with an aim to protect the domestic solar manufacturing, is going to be wrapped up in July this year. In-line with this, the Directorate General of Trade Remedies (DGTR) has already initiated a review investigation for considering continuance of safeguard duty on solar cells […]

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DGTR Begins Review for Extension of Safeguard Duty on Solar Cells

DGTR has begun a probe on whether to continue with the imposition of safeguard duty on solar cells following an application made by domestic companies The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has notified that it has begun a probe on whether to continue with the imposition of […]

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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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