WTO ruling on DCR: a blessing in disguise

BRIDGE TO INDIA | 26 September 2016

The World Trade Organisation (WTO) has rejected India’s final appeal and upheld its previous ruling against Domestic Content Requirement (DCR) provision for solar projects in India (refer). But India has already built a pipeline of around 1,800 MW of DCR projects as against operational cell manufacturing capacity of only about 600 MW. Demand from these projects should provide breathing room to the existing manufacturers and avoid any immediate repercussions. • The


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