Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.
The standing committee on energy, comprising members of the lower and upper assembly of the parliament, and the secretariat, has released a report recommending vital changes to boost India’s National Solar Mission of 100 GW by 2022.
The Indian power ministry has released notice preventing any renegotiation of signed PPAs in the solar PV sector, calculated at a potential $7.5bn worth of solar projects.
Country’s Directorate General of Anti-Dumping states that it has identified a causal link between dumping and injury of Indian firms, enough to warrant the initiation of the investigation.
The Indian Ministry of Finance has imposed an antidumping duty on tempered glass imported from China in the range from $64.04 to $136.21 per metric ton.
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