May 16, 2014

India Said to Find U.S., China Dumped Solar Products

According to reports, India has found U.S., Chinese, Taiwanese and Malaysian solar-equipment makers dumped products in the local market, according to a document sent to parties involved and obtained by Bloomberg News.

The dumping caused “material injury” to domestic manufacturers Indosolar Ltd. (ISLR), Websol Energy System Ltd. (WESL) and Jupiter Solar Power Ltd., according to a document dated today and signed by D.P. Mohapatra, a director in India’s Ministry of Commerce & Industry. Mohapatra didn’t respond to two e-mails and four phone calls seeking comment.

The ministry estimated that more than 20 companies sold equipment in India at as little as less than half the regular price in their home markets, according to the document. Parties involved have until May 16 to respond to the ministry’s findings, according to the document.

Four people involved in the anti-dumping probe, including manufacturers alleging dumping and developers opposed to duties, confirmed the document’s authenticity. Commerce Secretary Rajeev Kher didn’t respond to an e-mail, text message or calls to his mobile phone. Commerce Ministry spokesman Dhiraj Singh said he wasn’t authorized to speak on the matter.

India started the anti-dumping investigation in November 2012. The Commerce Ministry faces a May 22 deadline to decide whether to recommend the imposition of duties on imports.

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