safeguard duty

Interview with Pawan Pandey, Director | Radite Group

Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in […]

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Azure Power to Get Compensation For Increase in Costs Due to Safeguard Duty

The Maharashtra Electricity Regulatory Commission (MERC) recently heard two petitions made by Azure Power in two cases in which it had requested the commission to consider the levy of safeguard duty as Change in Law and had asked it for approval and determination of compensation for the increase in project cost following the imposition. In […]

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Growatt Hikes Investment in India’s Growing Rooftop Solar Market

It also added that, if policy and financing support comes in, rooftop installations will take off for sure.   Buoyed by the growth of Indian rooftop solar market, China-based PV-solar inverters maker Growatt has started increasing its investment in the country. Speaking on the investment, Growatt, Regional Director, Rucas Wang said, “Indian solar market is on […]

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Solar Import Woes. After Safeguard Duty Failure, No Easy Way Out

With a free trade agreement in place with Thailand, the government could find it more difficult than usual to impose any protection from imports from that country. The recently released figures on India’s Solar equipment Imports confirm what the Industry’s manufacturing body, the Indian Solar Manufacturers Association (ISMA) has been claiming. The Safeguard Duty has […]

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Rupee fall puts Rs 28,000 crore solar projects at risk

With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […]

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Taiwan Talks ‘India SGD’ with WTO

The global trade body has affirmed that the subject matter put up by Taiwan does not fall under its dispute settlement system. After India has imposed a safeguard duty on solar imports from China and Malaysia, Taiwan is second in row after Malaysia to seek consultations under World Trade Organization’s Safeguard Agreement. However, the global […]

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SC Upholds Safeguard Duty on Solar Imports

If the petition by ACME Solar Holdings is upheld in Supreme Court, the safeguard duty collected from the importers will be refunded. Adding to the joy of Indian solar manufacturers and woes of solar developers, Supreme Court (SC), on being approached by Government of India, has stayed the Orissa High Court’s interim order restricting safeguard […]

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India’s Solar Race toward Next Decade

Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […]

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Malaysia Seeks Relief on India’s Solar Safeguard Duty from WTO

India had imposed safeguard duty of up to 25 per cent on solar cells imports from China and Malaysia for two years to protect domestic players from steep rise in inbound shipments. Malaysia has sought consultations with India under the WTO’s safeguard agreement against New Delhi’s decision to impose import duty on solar cells, the World Trade Organisation […]

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