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Solar power companies plan move against dumping probe into Chinese imports SECTIONS Share Synopsis The petition claimed that imports from these countries which account for more than 90% of the solar equipment used in the country were priced lower than their cost and that they would be able to monopolise the entire market by taking control of the manufacturing supply chain. Solar power developers hope that they would be able to get scrapped the Directorate General of Trade Remedies’ (DGTR) investigation on a petition seeking additional antidumping duties on solar equipment and component imports, people aware of the matter said. The developers already reeling under high commodity costs, cancelled contracts and prospects of a new customs duty of up to 40% on panels and cells from next April believe the case could be thrown out based on a rule by the DGTR itself that forbids anyone with less than a 25% market share from making such a request. ....
The manufacturing complains have claimed that Chinese solar manufacturers like Longi, Jinko, and Trina are selling in India below their cost price, in an effort to dump their goods and corner the market entirely. Later on, due to supply chain dependency, these companies will be able to monopolise the entire market while having very little competition. ....
Adani Green Energy's arm transfers 74% stake of MSEL to Adani Tradecom LLP freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Adani Green Energy arm transfers 74 per cent stake of Mundra Solar Energy to ATLLP The transaction is done at arm s length basis and shareholding transferred based on the basis of an independent valuation report. Share Via Email | A+A A- By PTI NEW DELHI: Adani Green Energy Ltd on Saturday said its arm Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd to Adani Tradecom LLP (ATLLP). 7,400 equity shares are transferred to ATLLP at face value i.e.Rs 10 each. Aggregating to Rs 74,000, a BSE filing stated. It also said that the deal is done for cash consideration. ....
India starts anti-dumping probe into solar cell imports from China, Thailand and Vietnam pv-tech.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-tech.org Daily Mail and Mail on Sunday newspapers.