Photo voltaic corporations search obligation on Chinese language wafers, ingots

NEW DELHI: India has achieved self-sufficiency in photo voltaic module manufacturing. However the feat has rendered home producers of polysilicon, wafers and ingots – the constructing blocks for modules – weak to dumping by China-owned corporations.
The producers of those inputs, who make up the photo voltaic trade‘s upstream section, are actually searching for safeguard obligation (SGD) towards Chinese language provides and coverage interventions reminiscent of making locally-made provides obligatory, much like those given to module manufacturing.
Business physique ISMA just lately instructed renewable ministry officers that the dumping will influence the viability of upstream investments. It rooted for recent capital subsidy programme, precedence lending and curiosity subvention, amongst different fiscal incentives, in addition to import obligation exemption on capital items and uncooked materials for producing polysilicon, ingots and wafers.