There is a 14.5-per cent safeguard duty on imported solar gears from China and Malaysia.
Engineering firm Sterling and Wilson Pvt Ltd (SWPL) on Thursday said it has signed a contract to construct a solar PV battery storage and diesel genset-based hybrid power plant in Niger in West Africa. The company has signed the contract with France-based engineering, procurement and construction (EPC) company Vergnet and SNS Niger of Niger. In a statement, SWPL said its "Hybrid and Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a solar PV battery storage and diesel genset based hybrid power plant in Agadez, Niger, in West Africa". The consortium will also be responsible for a two-year operation and maintenance (O&M) service of the power plant. Battery-based energy storage enables generated electricity to be stored and delivered at any given time, providing stability to the grid, and enabling energy delivered on demand. It will also aid flexibility and agility to better integrate ...
The statement said solar deployment has been the flagship green growth story of the last decade and this would be instrumental to stimulate growth and build a climate-resilient world
Industry said without a level-playing field, domestic manufacturers in SEZs will have to shut shop and "may see job losses in tune of 15,000 people"
There is already safeguard duty of 15 per cent levied on the imported solar cells and modules
Solar modules constitute 80% of the cost of a solar power project.
The renewables ministry wants separate classification for solar PV cells and modules used for clean energy projects and levy duties on their import
The cost of Chinese solar PV (photo voltaic) panels is lower than the cost of Indian panels
As much as $1.96 billion worth of solar cells and modules were imported from China
They generate significantly more energy than other sideways solar systems