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
Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty Updated On Wed, Jul 18th, 2018 by Saurenergy Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Maharashtra Saw Overwhelming Response to 1000 MW Auction Updated On Tue, May 15th, 2018 by Saurenergy Mahoba Solar got 200 MW at Rs 2.71 per unit while as Technique Solar got 20 MW at the same price. Similarly, others who participated in the auctions were ReNew Solar Power which got 250 MW; Acme Solar Holdings won 250 MW, Tata Power Renewable Energy that got 150 MW, and Shapoorji Pallonji Infrastructure Capital that won 80 […] Read more
India Relegates in Global Renewable Market Index, Ranks at Spot 4 Updated On Sat, May 5th, 2018 by Saurenergy A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […] Read more
Anti-Dumping & Safeguard Duty: A Battle Still Remain to be Fought on the Ground Updated On Thu, Apr 12th, 2018 by Saurenergy Inspite of, the Directorate General of Anti-Dumping (DGAD) has recently terminated the anti-dumping probe on import of solar cells and modules from China, Taiwan and Malaysia on the back of current petition withdrawn by the Indian Solar Manufacturers Association (ISMA) itself in March FY18. There’s still a journey of rocky road ahead to be travelled […] Read more
India’s PV Module Manufacturing Sector Needs Serious Attention Updated On Sat, Mar 31st, 2018 by Saurenergy India’s manufacturing sector is set to take a giant leap forward, with the government announcing a slew of measures to boost domestic manufacturing in recent past. As a result, various companies are gearing up to expand their production facilities in India. However, Indian manufacturers continue to face a stiff competition with Chinese and other global […] 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