Initiation of a Safeguard investigation concerning imports of “Solar Cells whether or not assembled in modules or panels” into India - reg.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.....11.2017 has been filed in this office on 05.12.2017 under Rule 5 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997 by the Indian Solar Manufacturer's Association (ISMA) on behalf of five Indian producers, namely (i) M/s Mundra Solar PV Limited, Adani House, Meetha Khali 6 Road, Navrangpura, Ahmedabad-380009, Gujarat; (ii) M/s Indosolar Limited, 3C/1, EcoTech-II, Udyog Vihar, Dist: Gautam Budh Nagar, Greater Noida-201306, Uttar Pradesh; (iii) M/s Jupiter Solar Power Limited, Village Katha, Post Office Baddi, Teh. Nalagarh, Dist. Solan, Himachal Pradesh-173205; (iv) M/s Websol Energy Systems Limited, Falta SEZ Sector-II,Falta, Dist: 24 South Praganas, West Bengal-743504; and (v) M/s Helios Photo Voltaic Limi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... in panels or modules. In other words, a solar panel / module is a packaged, connected assembly of Solar Cells. The electrical connections are made to the Solar Cells in series to achieve the desired output wattage and / or in parallel to provide the desired current capability. The Customs tariff classification is indicative only and is in no way binding on the scope of the present investigation. 3.1 There are two major technologies that are available for manufacturing the PUC. The first technology is known as "Crystalline Silicon (c-Si)" based technology, also referred to as silicon wafer based technology. Crystalline Silicon includes n-type and p-type silicon, and also mono crystalline and multi crystalline silicon materials. The secon....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....5 to 2017-18 (upto June 2017) and (ii) M/s Infodrive Media for the period 2017-18 (July to September 2017) and the same has been taken into consideration for analysis. The applicants have also provided data in respect of their own production, sales, inventory etc. for the period 2014-15 to 2017-18 (upto September 2017). 6. Increase in Imports (absolute & in relative terms): The PUC is imported into India primarily from China PR, Malaysia, Singapore and Taiwan. Taking into account the base year as 2014-15, the documents on record reveal that the imports of the PUC have increased over a period of time in absolute terms. In relative terms also, the imports have increased appreciably as compared to the base year. Particulars Unit 20....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....to the base year, 2014-15. The DI had a market share of 13% in 2014-15 which declined to 7% during 2017-18 (A). During the same period, the market share of imports increased from 86% to 90%, as shown in the table below. Year Total  Import (MW) Sales of DI  (MW)  Sales of  Indian Producers other than DI (MW)   Total  Demand (MW) Market Share (%) DI Import Others 2014-15 1,275 191 9 1,475 13 86 1 2015-16 4,186 276 8 4,470 6 94 0 2016-17 6,375 457 325 7,157 6 89 5 2017-18 (Upto Sept.,2017 4,665 358 163 5,186 7 90 3 2017-18 (Annualised) 9,331....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....exed) 100 135 128 460 (e)          Profit / Loss: The DI has incurred losses on domestic sales over the POI, as shown in the table below. Particulars 2014-15 2015-16 2016-17 2017-18 (Upto Sept.,2017) 2017-18 (Annualised) Profit in Rs. Lakhs (Indexed) 100 (-)351 (-)146 (-)341 (-)150 Profit in Rs./Watt (Indexed) 100 (-)243 (-)61 (-)84 (-)80 (f)           Inventory: The table below depicts that the inventory of the DI has increased by 4 times (approx.) over the POI. This is indicative of loss of market space on account of surge in imports. Particulars 2014-15 2015-16 ....