MNREs move to stall JNNSM scheme draws flak
Jayarama Emani | The Dollar Business President of SESI (Solar Energy Society of India), Ajay Prakash Shrivastava, expressed his displeasure over The Ministry of New and Renewable Energy (MNRE) reported move to stop commercial banks from giving loans for installing solar home lighting system under the subsidy scheme since it is burdened with pending subsidy claims. The ‘solar home lighting system’ scheme is a bank loan cum capital subsidy scheme mooted as part of the Jawaharlal Nehru National Solar Mission (JNNSM) that is funded through the National Bank for Agriculture and Rural Development (NABARD) and its branches. Speaking to The Dollar Business, Shrivastava said, “This is really a sad news for Solar Energy Sector especially for the rural areas ...
India avoids imposing anti-dumping duty on solar panel imports
Bhushan Palo | @TheDollarBiz The Indian government has decided not to impose anti-dumping duty (ADD) on solar panel imports from countries such as USA and China, and has instead turned its focus to help domestic manufacturers become competitive. Solar energy production in India surged around 56% Y-o-Y in 2013-14 to 2,631 MW, but domestic manufacturers, represented by Indian Solar Manufacturers Association (ISMA), have complained that subsidized imports of solar panels are hurting their interests. Last month, the Director General of Antidumping & Allied Duties (DGAAD) had recommended the imposition of anti-dumping duty between $0.11 per watt to $0.81 per watt on the imports from China, Chinese Taipei, Malaysia and USA to offset dumping and material injury suffered by the ...
Indian government hints at imposing anti-dumping duty on solar modules
The Dollar Business Bureau | @TheDollarBiz While companies that are dependent on imports of soar modules from China and other countries are vehemently opposed to imposition of anti-dumping duties on solar modules (Read Anti-dumping duty on solar modules will be a big mistake: N. Surana), the Indian government hinted today that it may be a reality soon. Minister of Commerce Nirmala Sitharaman, citing the Director General of Antidumping & Allied Duties (DGAD), informed the Parliament today that solar modules and other parts have been exported to India from China PR, Chinese Taipei, Malaysia and USA “below its normal value”, which has hurt the domestic manufacturing industry represented by Indian Solar Manufacturers Association (ISMA). DGAD has recommended imposing anti-dumping duties between $0.11 ...
Anti-dumping duty on solar modules will be a big mistake: N. Surana
Interview by Jayashankar Menon | @TheDollarBiz Solar project costs could increase by 50-60% if anti-dumping duties are imposed, says Surana The Indian government is considering the recommendations of the Directorate General of Anti-dumping and Allied Duties (DGAD) to introduce anti-dumping duties on imported solar modules from countries like China, USA, Malaysia and Taiwan.However, Narender Surana, Managing Director of Hyderabad-based Surana Ventures Limited, in an exclusive interview with The Dollar Business, says that such protectionist measures are myopic and might prove to be disastrous for India’s solar programme. Excerpts: TDB: As per some reports, twenty foreign companies sold solar modules/cells in India at half of what they sold at home. What is your view on this alleged dumping? NS: Such reports are ...
