india's Solar Power Developers Association (SPDA) has called on the country's Directorate General of Trade Remedies (DGTR) to exempt the solar cell and module imports industry from safeguard tariffs on ongoing projects. The DGTR planned to impose a one-year, 25% levy on imports, which would then be reduced to 20% for H1 of the second year, and 15% for H2.The SPDA said the duties would endanger investments totalling INR1tr ($14.5bn), put thousands of jobs at risk and threaten the availability of low-cost energy to consumers.
India's Solar Power Developers Association (SPDA) has called on the country's Directorate General of Trade Remedies (DGTR) to exempt the solar cell and module imports industry from safeguard tariffs on ongoing projects. The DGTR planned to impose a one-year, 25% levy on imports, which would then be reduced to 20% for H1 of the second year, and 15% for H2.The SPDA said the duties would endanger investments totalling INR1tr ($14.5bn), put thousands of jobs at risk and threaten the availability of low-cost energy to consumers.