TMI BlogInitiation 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 X X X X Extracts X X X X ..... ted 28.11.2017 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 Vo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ells, these are placed 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 silico ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erce for the period 2014-15 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MW 392 573 653 727 1,653 Production of DI MW 237 295 473 381 838 Demand MW 1,475 4,470 7,157 5,186 10,430 % of production of DI with respect to demand 16 7 7 7 8 (b) Change in the Sales and Market Share of domestic producers in demand: Despite rapid expansion in demand, the sales and market share of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (c) Capacity Utilisation: The production facilities of the DI were under-utilised during the entire POI and the capacity utilisation declined significantly, as evident from the table below. Particulars Unit 2014-15 2015-16 2016-17 2017-18 (Upto Sept.,2017) 2017-18 (Annualised) Installed Capacity MW 392 573 653 727 1,653 Production of DI MW 237 295 473 381 838 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 2016-17 2017-18 (Upto ..... X X X X Extracts X X X X X X X X Extracts X X X X
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