DGTR to Hold Public Hearing on Safeguard Duty Investigation on June 26 Updated On Thu, Jun 7th, 2018 by Saurenergy The directorate is mandated to investigate the existence of serious injury or threat of serious injury to the domestic industry as a consequence of increased import of an article into India. India is targeting up to 100 gigawatts (GW) solar capacity by 2022. Under the Commerce Ministry, the Directorate General of Trade Remedies (DGTR) will hold […] 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
WTO: India Takes Stand against EU, Japan’s Opposition on Safeguard Duty Updated On Thu, Apr 26th, 2018 by Saurenergy India’s preliminary safeguard on imported solar cells drew criticisms from the EU and Japan, which criticized the conduct of the investigation and the initial findings. Despite criticism from the European Union and Japan, India told to the World Trade Organization (WTO) committee that it had followed global trade rules while imposing safeguard duty on imported solar cells. On April 23, […] Read more
Adani’s Mundra Solar Seeks to be $1bn Firm in 2-3 Years Updated On Mon, Apr 23rd, 2018 by Saurenergy In next 2-3 years, it is also mulling to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW. Adani Group’s solar PV manufacturing arm, Mundra Solar PV, eyes to become a USD 1 billion company over the next 2-3 years. In next 2-3 years, it is […] Read more
Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited Updated On Sat, Apr 21st, 2018 by Saurenergy Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […] Read more
India’s Solar Additions Slowed by GST, Duty on China Imports, says UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Developing economies, comprising India, China and Brazil, committed USD 177 billion to renewables last year, up 20%, compared to USD 103 billion for developed countries, down 19%, the report added. A UN report has said that the imposition of anti-dumping and safeguard duties on import of Chinese solar cells and modules and levy of Goods […] Read more
Amendment in Solar Bidding Norms Positive: ICRA Report Updated On Thu, Apr 5th, 2018 by Saurenergy The MNRE amended the bidding norms for solar projects on April 3 2018, wherein the ‘change in law’ provision now applies to changes in taxation, duties and cess instead of change in taxation as applicable earlier. A report from credit rating agency ICRA says that, the latest amendment in the solar project bidding norms is […] Read more
Impose Safeguard Duty on Import of Solar Cells, says ISMA Updated On Mon, Apr 2nd, 2018 by Saurenergy The association has written to the Commerce Ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposition of 70% duty on imports of solar PV cells and modules. The Indian Solar Manufacturers Association (ISMA) has demanded from the government for the imposition of safeguard duty on imports of solar cells and modules, saying it would be significant to […] Read more
Ending Anti-Dumping Probe Make India’s Path to Achieve Solar Goals More Clearer Updated On Sat, Mar 24th, 2018 by Saurenergy The domestic industry has cited certain reasons for its request to terminate the probe. They have stated that post-initiation, the injury being suffered by the domestic producers on account of dumping has aggravated sharply. This week, the two biggest developments happened in the solar industry. The first one is the termination of anti-dumping investigation by […] Read more