Anti-dumping duty should not hurt power firms, says Fortum India MD

India recently initiated an investigation into dumping of solar panels from China, Malaysia, Taiwan

With the Indian government taking a strong stand against imports in the renewable sector, Finnish energy major Fortum believes that power developers should be protected against any impact.

“I am sure both the proponents of those who support anti-dumping duty (ADD) and those who don’t, would have good amount of ammunition to fight it out and there is regulatory mechanism to decide on that. Amidst all of this, the developer should not be put in an unfair position. There should be a grandfathering for the past bids that anti-dumping should not apply to them,” said Sanjay Aggarwal, managing director, Fortum India. 

India