India has imposed anti-dumping duty of up to $1,559 per tonne on imports of a certain type of sheet used in solar cell making from China, Malaysia, Saudi Arabia and Thailand for five years to safeguard domestic players against cheap shipments.
Despite the safeguard duty imposed on imports from China, Malaysia and the West, effective July 2018, solar panel prices continued to fall in the domestic market, as a 25% year-on-year fall in global prices has more than offset the duty impact.
Solar tariffs did not rise as much as feared in the first auction held after India imposed safeguard duty on solar panels and modules, with winning tariffs in Tuesday’s auction in Odisha ranging between Rs 2.79 and Rs 3.20 per unit.
Malaysia’s government has said a major China-backed rail link project can only be viable with a “drastic” price reduction by the Chinese contractor as the actual cost of the venture is 81 billion ringgit (USD 20 billion).
India, the largest importer of Chinese solar equipment, proposed a 70% safeguard duty on cells and modules shipped from China and Malaysia, citing “threat of serious injury” to the domestic industry.
Under this scheme, each household in Melaka will get 10 high quality 9-watt LED bulbs at a cost of only RM 10, which is a special price and is almost half of what in begin offered in the market.
Railways Redevelopment Of 7 Stations: Malaysian Companies Set To Enter Race For Udaipur, Indore, Bandra, Pune, Other Projects
A Malaysian delegation on Tuesday met railway officials and showed interest in redeveloping seven railway stations across the country. These stations include those in Udaipur City, Indore, Howrah, Faridabad, Secunderabad, Bandra and Pune — as reported by FE on June 21.
Adani Group today signed a pact to look at the possibility of building a new multi-purpose port mainly for handling containers at Carey Island in Malaysia
GMR Energy on Monday signed an agreement with Malaysia’s TNB Repair and Maintenance Sdn Bhd (TNB Remaco) for setting up an operations and maintenance (O&M) joint venture