Govt may extend safeguard duty on Chinese solar power equipment

With India being one of the few major markets seeing a demand for solar power, Beijing would flood the market if safeguards were removed, they have said

The government is planning to extend the safeguard duty imposed on imported solar power equipment from China, sources said. 

Domestic solar equipment manufacturers have met Union Commerce and Industry Minister Piyush Goyal and suggested the duty be retained. This comes at a time when the safeguard duty impacted addition in solar power generation capacity over the past two years. 

The domestic manufacturing industry has argued China was actively looking to divert major export flows en-route to India after major buyers from the US cancelled bulk orders. The Donald Trump administration has ratcheted up tariffs on Chinese imports, especially in the