With Safeguard Duty Expiry A Day Away, Solar Bodies in a Huddle For Way Forward Updated On Thu, Jul 29th, 2021 by Saurenergy With the Safeguard Duty (SGD) on solar modules expiring tomorrow, there is predictable anxiety among Indian module manufacturers on the future after the duty expires. Currently, there is an ongoing investigation by the Directorate General of Trade Remedies against alleged Chinese dumping of modules, which has got delayed due to a court intervention. Thus, a […] Read more
R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment Updated On Fri, Jul 16th, 2021 by Saurenergy In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on self reliance in renewable energy manufacturing organised by the Confederation […] Read more
CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […] Read more
Anti Dumping Duty Battle-Delhi High Court Asks DGTR To Take Feedback Till July 19 Updated On Tue, Jun 8th, 2021 by Saurenergy In the now familiar tussle between domestic solar manufacturers and solar power developers, the Delhi High Court has set a new date. July 19. That is the new date for feedback on the anti dumping investigation launched by the Directorate General of Trade Remedies (DGTR), for imposing anti dumping duty on panel imports from China, […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
SPDA Makes a Case for 18 Month Deferment of BCD On Solar Equipment Updated On Fri, Aug 28th, 2020 by Saurenergy Just a week after the manufacturers association, the All India Solar Industries Association (AISIA) made a plea for 50 percent BCD at the earliest, comes the rejoinder from Solar Power Developers Association (SPDA). The SPDA is a national association representing India’s ‘upcoming’ solar power generators and developers, and says that the Government must reconsider its […] Read more
CERC Awards Compensation to Avaada Updated On Tue, Aug 25th, 2020 by Saurenergy Avaada Clean Energy had petitioned to consider implementation of safeguard duty as change in law The Central Electricity Regulatory Commission (CERC) has ruled in favor of Avaada Clean Energy Private Limited in a case regarding a 5 MW solar PV project executed under Solar Energy Corporation of India (SECI)’s Defense program. Avaada Clean Energy had […] Read more
AISIA Bats for 50% BCD on Solar Equipment Updated On Fri, Aug 21st, 2020 by Saurenergy The Body urged Government of India on immediate implementation of BCD All India Solar Industries Association (AISIA) has urged the government to impose at least 50% basic custom duty (BCD) on solar equipment for sustenance of domestic manufacturers. The country’s dependency on China for solar imports in FY20, was recorded at imports worth $1.3 billion. […] Read more
Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL Updated On Wed, Aug 5th, 2020 by Saurenergy Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […] Read more
