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Global, local solar manufacturers spar over safeguard duty

Tuesday, June 26, 2018, 10:50 PM

The first public hearing on a proposal to introduce 70% safeguard duty on imported solar panels on Tuesday saw heated arguments between global manufacturers of the panels and modules and their local rivals, with Indian solar project developers siding with the foreign players. Around 90% of solar equipment used in Indian solar projects is imported, 80-85% of it from China.