close
This ad will auto close in 10 seconds

Gadkari for scraping plan to impose duty on solar gear imports

Road Transport, Highways and Shipping Minister Nitin Gadkari has asked Commerce Minister Nirmala Sitharaman to scrap the proposal to impose anti- dumping duty on solar power gear imports saying the levy will double the cost of the equipment.



New Delhi: Road Transport, Highways and Shipping Minister Nitin Gadkari has asked Commerce Minister Nirmala Sitharaman to scrap the proposal to impose anti- dumping duty on solar power gear imports saying the levy will double the cost of the equipment.

In a letter to Sitharaman, he said: "The duty if imposed, it would escalate the cost of solar power by about 100 per cent."

He said the indigenous manufacturers can be compensated with appropriate subsidy.

"I have a firm view that the indigenous solar cell industry, which is in nascent state, needs protection and nurturing," Gadkari added.

The Commerce Ministry last month had recommended levying anti-dumping duty on solar cells imported from the US, Malaysia, China and Chinese Taipei.

The ministry had suggested restrictive duty in the range of USD 0.11-0.81 per watt.

The levy would be applicable on solar modules and cells assembled partially or fully, originating in or exported from these countries.

From Zee News

0 Comment - Join the Discussions

trending

photo gallery

video

DNA EXCLUSIVES

President-elect Kovind: Big mandate, bigger pressure

Ram Nath Kovind elected as new President: How it can help PM Modi en route 2019

World Bank treats road safety as public health crisis, so should we

Indian IT’s crisis of innovation: Industry has allowed arrogance to replace its original vision

DNA Edit: Privacy vs public safety