2. Anti Dumping duty on Solar
Panels
25% Duty proposed on Crystalline Silicon & Thin film
panels
Petition made by Indian Solar Manufacturers Association
(ISMA) on behalf of Indosolar Limited (FY ’18 Sales -
Rs.3.18 b), Websol Energy (FY ’18 Sales – Rs.1.83 billion),
Jupiter Solar Power & Jupiter International (FY ’18 sales –
NA).
25% duty has been proposed for the first year, 20% for first
six months of second year and 15% for second six months
of the second year
Source : Gazette Notification F. No. 6/30/2017-DGAD, Min
of Commerce, GoI
Notes – In 2017, Indosolar has had a settlement with Union Bank of India
& Websol
has had settlements with Standard Chartered Bank, HDFC Bank, EXIM
3. About Saba Capital
Saba Capital is a firm specialising in Solar Industry financing. It helps
companies arrange project finance, export credit, buyers credit,
receivable finance, working capital and equity from Nationalised
banks, foreign banks, FIs and Multilateral agencies. It has an office in
Gurgaon. The firm is promoted by Cornell/ MDI educated bankers who
have worked with ABN AMRO, Royal Bank of Scotland, ICICI Bank,
SIDBI etc.
For Business Enquires – Reach out to us at
Bikramjeet Singh
607-608, Nirvana Courtyard, Tower C, Sector 50, Gurgaon 122018
Mobile : +91 98711 19734
Email : sabacapital@outlook.com
