Indian Gov’t Puts Safeguard Duty on Hold Updated On Tue, Aug 14th, 2018 by Saurenergy The safeguard duty which was brought into effect on July 30, 2018 in order to protect interest of domestic solar manufacturers was awaiting clearance from Orissa High Court after solar player ACME Group filed a writ petition against the safeguard duty on imports. In a relief to the domestic solar developers, Finance Ministry has issued […] Read more
SEZ Solar Units seek Clarity on Safeguard Duty on Imports Updated On Thu, Aug 9th, 2018 by Saurenergy SEZ solar units require certain products for the manufacture of solar cells. These products are largely imported from the China. After the Finance Ministry notified 25 percent safeguard duty on imports from China and Malaysia, not one but many private agencies have sought clarity on the imposition. Among them, solar manufacturing units set up in […] 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
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year Updated On Tue, Jul 17th, 2018 by Saurenergy The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […] Read more
Indian Embassy in China Hold Seminar on Indian Solar Sector Updated On Wed, Jul 11th, 2018 by Saurenergy More than 150 delegates from more than 110 Chinese companies, financial institutions and banks participated in the seminar on Indian solar sector. To gauge the business opportunities in the solar sector more than 110 Chinese companies attended a seminar in China. The seminar was also aimed at wooing Chinese manufacturers to invest in India. The […] Read more
Adani Solar Recognized Globally for its Durability and Reliability Updated On Sat, Jul 7th, 2018 by Saurenergy Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
