Anti-Dumping Duties Imposed on Solar Glass Imports from China, Vietnam
POWER & RENEWABLE ENERGY

Anti-Dumping Duties Imposed on Solar Glass Imports from China, Vietnam

The Ministry of Commerce and Industry has finalised anti-dumping duties on textured tempered solar glass imported from China and Vietnam, following an investigation that found these imports were causing material injury to India's domestic industry. 

The investigation revealed that solar glass from these countries was dumped at prices lower than domestic selling prices, leading to price suppression and preventing Indian manufacturers from adjusting prices in line with production costs. As a result, anti-dumping duties have been imposed at $658-$664 per metric ton (MT) for China and $570-$664 per MT for Vietnam. 

Between 2020-21 and the investigation period (January-December 2023), imports from China and Vietnam surged from 29,980 MT to 779,017 MT, significantly eroding the domestic industry's market share. The probe, initiated by Borosil Renewables in February 2024, led to provisional anti-dumping duties being introduced by the Ministry of Finance in November 2024. 

Additionally, the Ministry of Commerce completed an anti-subsidy investigation into solar glass imports from Vietnam. It found that imports had surged significantly, justifying countervailing duties of $539-$664 per MT for five years, imposed alongside the anti-dumping duties. 

While these measures aim to protect India's solar glass manufacturers, they have also sparked concerns about higher module prices, particularly after the reimposition of the Approved List of Models and Manufacturers (ALMM) in April. 

(mercom)           

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Ministry of Commerce and Industry has finalised anti-dumping duties on textured tempered solar glass imported from China and Vietnam, following an investigation that found these imports were causing material injury to India's domestic industry. The investigation revealed that solar glass from these countries was dumped at prices lower than domestic selling prices, leading to price suppression and preventing Indian manufacturers from adjusting prices in line with production costs. As a result, anti-dumping duties have been imposed at $658-$664 per metric ton (MT) for China and $570-$664 per MT for Vietnam. Between 2020-21 and the investigation period (January-December 2023), imports from China and Vietnam surged from 29,980 MT to 779,017 MT, significantly eroding the domestic industry's market share. The probe, initiated by Borosil Renewables in February 2024, led to provisional anti-dumping duties being introduced by the Ministry of Finance in November 2024. Additionally, the Ministry of Commerce completed an anti-subsidy investigation into solar glass imports from Vietnam. It found that imports had surged significantly, justifying countervailing duties of $539-$664 per MT for five years, imposed alongside the anti-dumping duties. While these measures aim to protect India's solar glass manufacturers, they have also sparked concerns about higher module prices, particularly after the reimposition of the Approved List of Models and Manufacturers (ALMM) in April. (mercom)           

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement