Indian solar companies jittery as curbs on Chinese modules end this week

Domestic solar manufacturers are jittery as the import duty protections to prevent dumping of Chinese modules are expiring by the end of the week, with no replacements in sight yet.

The current safeguard duty (SGD) of 14.5% on imports is set to expire on July 30. Due to World Trade Organisation (WTO) rules, an SGD cannot be applied for more than four years; India is currently in its third year.