Power News We love to talk!

AUG 27 2015

WTO rules against India in solar power programme dispute with US, says newspaper

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 27th AUG 2015

The World Trade Organization (WTO) has ruled against India in a dispute with the United States over its solar power program, business newspaper Mint reported on Wednesday.

The newspaper quoted an unnamed official from the commerce ministry as saying the country planned to appeal the decision, made after the United States complained about domestic content requirements in a program aimed at easing chronic energy shortages in India, Asia's third-largest economy.

India has said it expects peak power demand to double over the next five years from around 140,000 megawatts today. To help meet that demand, India wants 100,000 MW of new capacity from solar panels, with at least 8,000 MW from locally made cells.

The newspaper said the WTO dispute settlement panel, in a confidential report to New Delhi and Washington, found India violated global trade rules by imposing local content requirements for solar cells and solar modules, and also struck down incentive policies such as subsidies provided for domestic solar companies to manufacture cells and solar modules.

The WTO typically circulates decisions on disputes to the parties before they are made public.


Delhi Energy Asia United States Power India solar power Solar

Related News

  • Oil Ministry to launch second round of small field auction in 2017-18  Read more
  • Tamil Nadu needs urgent policy on green energy, say experts  Read more
  • India has 'holistic vision' to make it easier to do business: Piyush Goyal  Read more
  • India's carbon emissions increased by over 5pc in 2015: study  Read more
  • Big-oil spending cuts lower costs at top India explorer ONGC  Read more
  • Govt planning more refineries, higher LNG use: Dharmendra Pradhan  Read more
  • OIL to transfer overseas assets to subsidiary  Read more
  • IEA's view out of touch, thermal coal demand won't rise beyond 10%: Report  Read more
  • MNRE Releases Draft Guidelines for Development of 3 GW Solar Projects under Batch-II Tranche-I  Read more
  • Coal India achieves near-10% growth in sales during April-December 2015  Read more