Breaking News on Anti Dumping Duty : What Happened at meeting of Indian Solar Association with Mr.RK Singh & Mr.Suresh Prabhu
Indian Solar Association delegation led by President Mr. Narasimhan Ex.MP , Chairman – Raasi Group of Companies with representatives from SB Energy, Mahindra Susten, Enerprac Energy Pvt Ltd, CleanMax Solar, Fortum , Orange Renewable, RattanIndia, Risen Energy and Canadian Solar.
Agenda : Escalating and request for reconsideration on the concerns of Solar Industry of ADD
(1) Minutes of Meeting with Mr.R.K.Singh, Minister of State(IC), MNRE at 5:15PM on 30th November 2017 at Shaki Bhawan
Imposition of Anti-Dumping Duty: The Minister was very clear that it will be ensured that any project which has been bid out before the imposition of the ADD will not be covered by the ADD. There will an exemption for such projects as they would not have factored in such costs.
At the request of Association, he has agreed to issue a press release to this effect so that the investors get some comfort.
Solar Projects with Domestic Manufacturing: MNRE is going to issue 20 GW of tender soon which will be for such stakeholders who will undertake manufacturing of solar modules in India.
Under the abovementioned scheme, the development of the solar manufacturing capability will be year wise / phase wise. As an example, he mentioned that, in the first year, the developer will have to develop a capacity to manufacture cells and modules in India. In the second year, such developer will have to develop the manufacturing capacity from wafer to cell to module. And in the third year, the developer will have to show the complete chain of manufacturing of solar modules which shall be ingot to wafer to cell to module.
In brief, whoever wants to participate in this 20 GW tender, they will have to develop manufacturing capability and use such modules.
Banking: Banking of power will be permitted for projects which are manufacturing modules and developing projects under the 20 GW of solar power.
Floating Solar Projects: MNRE is going to permitting floating solar projects (along with manufacturing capability). It is apparent that no land is required for such projects and there is huge unutilized area like reservoirs of various dams etc.
Electricity Storage Systems: Minster stated that he is actively pursuing to promote ESS. He has further stated that he is open to receiving suggestions regarding regulatory changes that are required for the development of ESS. For example, regulatory provisions for deemed distribution licenses for such charging stations.
(2) Minutes of Meeting with Mr. Suresh Prabhu, Minster of Commerce and Industry.
Time & Date : At 3:15pm on 29th November, 2017
Place : Udyog Bhawan
Meeting : Mr. Suresh Prabhu
Hon’ble Minster of Commerce and Industry
Minutes of Meeting with Mr. Suresh Prabhu, Minster of Commerce and Industry.
1. A letter was handed over to the Minister on waiver of Anti-Dumping Duty and stopping of all ongoing investigations.
2. The Minister was however not so inclined to stop the proceedings and emphasized that investigations need to be completed.
3. He also made it clear that as Minister of Commerce, his role is to ensure that Economy of India needs to be promoted over Economy of China.