WTO Appellate rules against India in solar case
The Dollar Business Bureau India suffered a setback on Friday when the appellate body of World Trade Organisation (WTO) has upheld a panel’s rulings which said that India’s power purchase pacts with solar companies were ‘inconsistent’ with global norms. “The Appellate Body upheld each of the conclusions of the panel appealed by New Delhi,” the WTO said. In 2014, the United States (US) had filed a complaint against India before the world trade body claiming discrimination against the US companies. “The appellate body of WTO had issued a ruling in favour of the US administration’s claim against New Delhi’s ‘domestic content requirements (DCR)’ as per its National Solar Mission (NSM),” said Michael Froman, US Trade Representative (USTR). Since New Delhi had enacted the given ...
Govt in talks with US over solar dispute: Goyal
The Dollar Business Bureau Government is in discussions with the US over a solar mission dispute at WTO and would take a decision on the filing of suits against the country, depending on the outcome of the talks, said Piyush Goyal, Union Minister for Power, Coal, New and Renewable Energy and Mines. “The Government of India believes in solving issues through dialogue, discussion, consultation and resolution, rather than taking the legal route, which is generally long-drawn,” Goyal told reporters in Bengaluru on Tuesday. “Therefore, after having acceded to that request, consultations are going on. Should the United States agree to our point of view, which is a very honest and fair point of view, we may not need to file those cases. If they ...
India's solar capacity reached 6,000 MW in 6 yrs
The Dollar Business Bureau India is likely to become one among the top global installers of solar energy with an existing capacity that reached 6,000 MW from 10 MW over a period of six years, said Gyanesh Chaudhary, MD and CEO of Vikram Solar Pvt Ltd. He said that the government's International Solar Alliance (ISA) proves the strong commitment of the country towards the solar energy sector. India has already achieved the position in the top five solar installers in the globe. With an increased solar capacity of 6 GW, the country can surely become one of the biggest solar installers in the world. 'Make in India' programme and the National Solar Mission are the two government initiatives that can help the sector ...
Solar Power Case: US wins WTO dispute against India
The panel upheld US clam and said that the Indias domestic requirements action is inconsistent with various articles of TRIMS and GATT The Dollar Business Bureau World Trade Organisations (WTO) dispute panel on Wednesday concluded in favour of US and said under Indias National Solar Mission, New Delhi is violating international trade rules through domestic content restriction measures (DCR) and discriminating against imported solar cells and modules World Trade Organisations (WTO) dispute panel on Wednesday concluded in favour of US and said under Indias National Solar Mission, New Delhi is violating international trade rules through domestic content restriction measures (DCR) and discriminating against imported solar cells and modules. The panel upheld the US clam and said that the Indias domestic requirements action are ...
