Recent Media Coverage

2017-10-25 / Webmaster

India’s solar anti-dumping saga: The industry anticipates

India’s solar sector is on tenterhooks at the moment as it awaits the results of an anti-dumping investigation into solar cell imports from China, Taiwan and Malaysia. When the inquiry was first announced, many brushed off the threat, believing that India’s 100GW by 2022 solar target was far too precious for the Central government to consider a move that could in any way hinder its progress. However, at Renewable Energy India Expo near Delhi last week, many of the developers, manufacturers or EPC firms that spoke to PV Tech were confident that some form of trade barrier would be brought in. Top level representatives from the likes of Vikram Solar, Gensol, Sterling & Wilson, Hero Future Energies and many more were all anticipating the government to rule in favour of duties, but the actual outcome of course remains highly uncertain. An executive of one Indian manufacturer even told PV Tech that he was 99.9% sure duties would come, but admitted that experience tells him anything could happen. Another developer remarked: “Everybody knows it’s coming. There are certain numbers which are floating around, but nobody knows the real number and if anybody claims to know the number they are just fooling themselves.”

Jasmeet Khurana, associate director, consulting, Bridge to India, said: “Up until a few weeks ago, it seemed that Indian government was fairly convinced about imposing anti-dumping duties. However, there have been several changes recently. Both the Minister for Power and Minister for Commerce have been changed. This is causing delays and the market is hoping for a rethink from the government.”

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