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DGTR proposes anti-dumping duty on Chinese aluminum frames to safeguard domestic solar panel industry

Directorate General of Trade Remedies (DGTR), investigative arm of the Ministry of Commerce and Industry, has recommended imposing an anti-dumping duty on aluminium frames for solar panels imported from China. The aluminium frames were exported to India below the normal value, resulting in dumping.  The proposed duty, which could reach up to USD 577 per tonne, is intended to protect the domestic industry from the adverse effects of cheaper imports being sold at unfairly low…

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Key measures for energy sector in India’s Union Budget 2024

The 2024 Union Budget of India introduced significant measures to boost the energy sector, emphasising renewable energy adoption, energy transition, and infrastructure enhancement. Here are the key highlights: PM Surya Ghar Muft Bijli Yojana: 10 million households will receive up to 300 units of free electricity monthly, supported by subsidies and concessional loans, with a National Online Portal for streamlined applications. Renewable Energy Funding: The Ministry of New and Renewable Energy (MNRE) has been allocated…