Government starts safeguard duty probe on solar cells

- Advertisement -

India has started a probe to determine imposition of safeguard duty on surging imports of solar cells with a view to protect domestic manufacturers.

Image for representational purpose only

Domestic manufacturers have approached the Directorate General of Safeguards (DGS) with a complaint that their market share has remained stagnant despite rapid expansion in demand for solar cells in the country.

India is targeting to 100 GW (gigawatt) solar capacity by 2022. The current installed capacity is about 15 GW. The government has planned to auction 20 GW capacities by March 2018, and 30 GW each in next two fiscals.

- Advertisement -

Solar cells, electrical devices that convert sunlight directly into electricity, are imported primarily from China, Malaysia, Singapore and Taiwan.

The application for imposition of the import restrictive duty has been filed by the Indian Solar Manufacturer’s Association (ISMA) on behalf of five Indian producers – Mundra Solar PV, Indosolar, Jupiter Solar Power, Websol Energy Systems and Helios Photo Voltaic.

They want safeguard duty on ‘solar cells whether or not assembled in modules or panels’ immediately for four years.

According to PTI, the DG said the application has been examined and “it has been found that prima facie” the increased imports of the product have “caused and are threatening” to inflict serious injury on the domestic industry.

The applicants have submitted the relevant data of imports, production for 2014-15 to 2017-18 (up to September 2017). The Period of Investigation (POI), DGS said is 2014-15 to 2017-18 (annualised).

Imports of solar cell are estimated to increase from 1,275 MW in 2014-15 to 9,331 MW at March-end 2017.

The domestic production was 246 MW in 2014-15 and is likely to increase to 1,164 MW in 2017-18.

The applicants complained that despite rapid expansion in demand, the sales and market share of the domestic industry has more or less remained constant in recent years.

The domestic players had a market share of 13 per cent in 2014-15, which is estimated to decline to 7 per cent during 2017-18.

The domestic industry also asked the DGS for imposition of provisional safeguard duty in view of steep deterioration in the performance of the local players as a result of increased imports of the solar cells.

Photovoltaic solar cells are also known as photovoltaic cells in the market or trade parlance. To make practical use of the solar cells, these are placed in panels or modules.

Safeguard duty is a WTO-compatible temporary measure that is brought in for a certain time-frame to avert any damage to a country’s domestic industry from cheap imports.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara

0
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands. Crompton Greaves...

Advancing  Manufacturing Sector With New Refrigerator Plant

0
By incorporating advanced backward integration processes, this plant sets to redefine industry standards, promising improved efficiency and reduced environmental impact, while also boosting local...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Buzz

Leapmotor Set To Launch Tiago EV Competitor And SUV In India

0
This year, the company carried out a feasibility study and has reached a decision; an announcement is expected very soon, with a probable entry...

Royal Enfield Establishes EV Commercial Team

0
The company's management stated that they had developed a comprehensive product plan and a future roadmap for electric vehicles, but they did not reveal...
Tata

Tata CFO Balaji Advocates Asset-Light Model For E-Bus Procurement

0
Balaji's comments were made following a question about the Uttar Pradesh State Transport Corporation's recent announcement of a tender for 5,000 electric buses, which...

Important Sectors

Leapmotor Set To Launch Tiago EV Competitor And SUV In India

0
This year, the company carried out a feasibility study and has reached a decision; an announcement is expected very soon, with a probable entry...

Royal Enfield Establishes EV Commercial Team

0
The company's management stated that they had developed a comprehensive product plan and a future roadmap for electric vehicles, but they did not reveal...
Tata

Tata CFO Balaji Advocates Asset-Light Model For E-Bus Procurement

0
Balaji's comments were made following a question about the Uttar Pradesh State Transport Corporation's recent announcement of a tender for 5,000 electric buses, which...

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...

Ola Secures Patents For Three Electric Bike Designs

0
The electric bike features dual rear shock absorbers and a motor mounted on the hub. Ola has successfully secured patents for three new electric bike...

Manufacturing

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...
Sona Comstar

Sona Comstar’s 3-Pronged Global Strategy To Outperform China In EV Parts Supply

0
Sona BLW Precision Forgings (Sona Comstar) has adopted a three-pronged strategy: leveraging the protectionist policies of the US and Indian governments to exclude Chinese...

Nokia Collaborates With Dixon Technologies Unit For Telecom Production

0
Dixon Technologies Vice Chairman and Managing Director Atul B. Lall mentioned that the product development is nearing completion, and they expect to begin commercial...

EMotorad’s Gigafactory For E-Cycles Nears Completion

0
The gigafactory for the e-cycle manufacturer is under construction in four stages. This facility will produce various parts such as batteries, motors, displays, and...

Zen Mobility Opens Micro Pod Plant In Manesar With 50K Capacity

0
In addition to manufacturing, the facility also contains sophisticated research and development centers focused on design engineering and product planning. Zen Mobility recently opened its...