Anti-dumping Authority Recommends Import Duty On Solar And Wind Energy Equipment From China

Anti-dumping Authority Recommends Import Duty On Solar And Wind Energy Equipment From China

Anti-dumping authorities have recommended action against key Chinese components for windmills, and are considering a similar petition for solar equipment, delivering another blow to the flood of cheap imports from Beijing and potentially arresting the steep fall in renewable energy tariffs.

The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended imposing anti-dumping duty on castings imported from China for use in the construction of wind turbines.

The duty suggested varies between 6.57 per cent and 32.95 per cent for different Chinese companies, six of which are specifically named.

Indian authorities have been increasingly acting against cheap Chinese imports, which Indian manufacturers say are routinely priced below cost of production and have contributed to India’s trade deficit of $51 billion with China. Read More…

 

 

Credit By: ET

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