On December 4, 2024, the Ministry of Finance imposed anti-dumping duties on textured tempered glass used in solar panels. The duties range from $673 to $677 per metric tonne for Chinese imports and $565 per metric tonne for Vietnamese imports.
Will India impose antidumping duties on tempered glass in solar panels?
From pv magazine India India has imposed antidumping duties on textured toughened (tempered) glass in solar panels and solar thermal products from China and Vietnam for a period of six months, starting Dec. 4, 2024.
Will anti-dumping duties on solar glass increase the cost of solar panels?
Developers have expressed concerns that the newly imposed anti-dumping duties on solar glass will increase the cost of solar panels, potentially making ongoing projects unviable. Independent Power Producers (IPPs) estimate a price hike of ₹1 to ₹2.50 per watt peak based on the reference price of $677 per metric tonne.
Does India impose anti-dumping duty on solar glass imports from China & Vietnam?
India's Ministry of Finance has imposed an anti-dumping duty on solar glass imports from China and Vietnam. The anti-dumping duties aim to protect the domestic solar glass industry from unfair pricing practices. The duty on Chinese imports ranges from $673 to $677 per metric tonne, while imports from Vietnam face a duty of $565 per metric tonne.
How much is antidumping on solar glass imports from China?
Around 92 GW of new PV... India's Ministry of Finance has applied antidumping duties on solar glass imports from China in the range of $673 to $677 per metric ton and for imports from Vietnam at $565 per metric ton.
Why do IPPs have to pay anti-dumping duty on solar glass?
In this case, IPPs may invoke this clause to recover the additional costs caused by the anti-dumping duty on solar glass, as it was an unforeseen regulatory change. This would allow them to pass on the increased costs to buyers or adjust tariffs, ensuring the financial viability of their solar power projects.
Should anti-dumping duties be imposed on textured tempered glass?
The Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duties on imports of textured tempered glass from China and Vietnam to protect domestic manufacturers from price undercutting.