Hearing about solar cell securing obligation on Friday

• The Directorate-General of Trade Remedies has called a conference of concerned parties as it thinks about whether to expand the obligation on solar cells.

The Directorate-General of Trade Remedies (DGTR) will on Friday take into consideration whether to extend the protecting obligation applied on imported solar cells, as asked for by residential manufacturers consisting of Mundra Solar PV, Jupiter Solar Power and also Jupiter International, via the Indian Solar Manufacturers Association.

The responsibility, which has currently dropped from 25% to 15% in a presented procedure, is readied to expire late next month.

The petitioning Indian companies are asking for the task to be expanded for four years.

The DGTR examined the application and located prima facie evidence the responsibility failed to slow the rate of solar cell and also component imports and that importers are continuing to damage their Indian opponents. However, the federal government body also discovered the competition has forced Indian manufacturers to minimize manufacturing as well as sales costs, therefore boosting sales as well as lowering losses.

The two-year securing task on cells as well as components imported from China as well as Malaysia was introduced in July 2018 by the federal government at a rate of 25%. The responsibility was up to 20% from July 30 last year and to 15% on January 30. It results from expire on July 29.