Can Anti-Dumping Duties Change The Fate Of Borosil Renewables? Updated On Mon, Nov 18th, 2024 by Saurenergy A recent investigation report by the Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duties on solar glass. This seemingly opened up a small window of relief for Indian solar glass makers like Borosil Renewables. The company was earlier going all out to halt the alleged dumping of solar glass at […] Read more
Q2: Borosil Renewables’ Exports Accounted For 13% Of Turnover Updated On Tue, Nov 12th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewables claimed that the export sales of its solar glass products accounted for 13 percent of its total turnover in the latest quarter (Q2FY25). The company said that the share of its export sales has increased from the preceding quarter (Q1FY25). “Export sales, including those to SEZ customers, amounting to […] Read more
Borosil Renewable Seeks More Protection For Indian Solar Glass Firms Updated On Mon, Aug 19th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewable is now in favour of changes in government tender documents to ensure use of only ‘domestically produced solar equipment’ like solar glass. This, the management said, is needed to protect the Indian solar glass companies, which are plagued with the challenges emanating from the stiff competition from the Chinese […] Read more
Q1 Results: Borosil Renewable Sees Surge In Revenues, Increase In Losses Updated On Tue, Aug 13th, 2024 by Saurenergy Indian solar glass company Borosil Renewable has now announced its financial results for the first quarter (Q1). The latest consolidated details furnished by the company revealed that during the first quarter of the financial year 2024-25, the Mumbai-based company witnessed a rise in its revenues. However increasing losses dampened its balance sheet. The latest details […] Read more
With New Import Duties On Solar Glass, Borosil Sees ‘Acche Din’ Ahead Updated On Wed, Jul 24th, 2024 by Saurenergy In October 2023, Greater Noida hosted Renewable Energy Expo (REI) which saw the conglomeration of several renewable industries under one roof. On one side of the show, Borosil Renewable, one of India’s leading solar glass manufacturers hosted its stall. It entertained several solar industry leaders and had a series of meetings. In an interview with […] Read more
How Chinese Solar Glass Dumping Triggers Price War In India? Updated On Fri, Jun 7th, 2024 by Saurenergy The selected Indian solar glass manufacturing companies in India had been reiterating the demand for imposing import duties (tariff barriers) against the dumping of cheap Chinese and Vietnamese solar glasses. However, it is still under consideration of the Indian government. The decision to impose such a duty has been shifted to September 2024 which was […] Read more
Borosil Renewables Plans To Go For Fund Raise Updated On Mon, Jun 3rd, 2024 by Saurenergy Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […] Read more
Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024 Updated On Wed, Nov 15th, 2023 by Saurenergy Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call. In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […] Read more
China Dominates 80% of Indian Solar Glass Market: Shreevar Kheruka, VC, Borosil Renewable Updated On Wed, Oct 25th, 2023 by Saurenergy How did the anti-dumping import provision waiver affect Borosil Renewable or other Indian solar glass makers? The anti-dumping duty on the import of solar glass from China went away around a year ago. Since then, the dumping of Chinese solar glass has expanded substantially in the country. Chinese players control over 80 percent of the Indian solar […] Read more
