Business Standard

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

solar, energy, clean energy, green, renewable, power, project, pollution, environment, conservation, emission
Premium

In the past one and a half years, imports of solar cells and modules have come down drastically.

Subhayan ChakrabortyShreya Jai New Delhi
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in