70% Safeguard Duty on Solar to Dampen Investor Sentiment: Par Panel Updated On Wed, Mar 14th, 2018 by Saurenergy Custom Duty on Solar Cells/Modules/Panels should not be levied and they should continue to enjoy exemption from custom duty as before. Safeguard Duty should not be of the tune (70 per cent) that will hamper our own programme and it should not affect the bids which have already taken pace, panel has said. A Parliamentary […] Read more
High Court to Hear Petition on Solar Imports Duty Likely on February 13 Updated On Thu, Feb 8th, 2018 by Saurenergy The Madras High Court admitted Shapoorji Pallonji’s petition on January 19 and issued a temporary stay on the implementation of the recommendation. In a significant development, High Court has decided to hear the petition filed against the preliminary recommendation of the Director General (Safeguards) to impose 70 percent safeguard duty on imported solar panels and […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more
Safeguard Duty: R K Singh Says Nothing Can Jeopardise Clean Energy Updated On Thu, Jan 25th, 2018 by Saurenergy R K Singh also stated that the proposed duty would not affect the already bid out projects during the installation phase Amid fears over adverse impact of proposed safeguard duty on solar equipment, Minister of state for power, new and renewable energy R K Singh said that nothing can jeopardise India’s renewable energy target of […] Read more
Center Should Resolve Issues Pertaining To Policy: Vikram Solar CEO Updated On Thu, Jan 18th, 2018 by Saurenergy Vikram Solar had closed 2014-15 with a turnover of 623 crores, 910 crore in 2015-16 and 1,659 crores in 2016-17. This shows a compounded annual growth rate of 54 percent over the past five years. In order to boost the solar energy sector growth, the central government should step up and take valuable decisions to […] Read more
