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Officials are considering a relaxation of rules for the next two years that restrict imports from China and other foreign producers, because local plants can't keep up with rising demand
US solar manufacturers say they are considering legal challenges after President Joe Biden declared a two-year pause for tariffs on solar imports from Southeast Asia
Complaint was filed by Mundra Solar PV and Jupiter Solar Power with the DGTR under the ministry of commerce
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
India's import dependence for meeting its solar equipment demand was more than 90 per cent in past three financial years, Parliament was informed today. "As per the Report dated July 16, 2018, from Directorate General of Trade Remedies (DGTR), the quantum of imported solar cells/ modules is around 90 per cent," Power and New & Renewable Energy Minister R K Singh said in a written reply to the Lok Sabha today. According to the reply, India met 92.11 per cent requirement of its solar equipment through imports in 2017-18 while the proportion was 91.57 per cent and 95.31 per cent in 2016-17 and 2015-16 respectively. Referring to the report, the minister further said, "imports of solar cells/ modules PUC are taking place at very low prices resulting in drop in sales realisation of domestic industry thereby hampering the domestic industry's ability to compete and make and sell the solar cells/ modules. However, this report has not commented on the issue of dumping." The value of solar .