Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy 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 […] Read more
Taiwan Talks ‘India SGD’ with WTO Updated On Mon, Sep 24th, 2018 by Saurenergy 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 […] Read more
SC Upholds Safeguard Duty on Solar Imports Updated On Tue, Sep 11th, 2018 by Saurenergy 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 […] Read more
India’s Solar Race toward Next Decade Updated On Tue, Sep 4th, 2018 by Saurenergy 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 […] Read more
Malaysia Seeks Relief on India’s Solar Safeguard Duty from WTO Updated On Fri, Aug 31st, 2018 by Saurenergy 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 […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
Gujarat Tops in Terms of Approved Solar Power Generation Capacity Updated On Wed, Aug 8th, 2018 by Saurenergy The approval of the solar energy capacity is to be generated at three solar parks namely Dholera, Radhanesada and Harshad. Gujarat state has topped another category of the renewable energy segment. It has been declared the state with the highest approved solar power generation capacity at various solar parks. Out of over 26,000 MW of […] Read more
MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty Updated On Mon, Aug 6th, 2018 by Saurenergy The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […] Read more
Safeguard Duty: Manufacturers Back Govt Move; Raise Concerns on Clarity Updated On Wed, Aug 1st, 2018 by Saurenergy If SEZ units are not exempted from SGD, it will lead to further job losses and harm the manufacturing ecosystem in India, which is already bleeding: Gyanesh Chaudhary Despite solar manufacturers’ welcomed the government’s move on safeguard duty imposition on solar imports from China and Malaysia, they have raised their concerns as well and want […] Read more
