BHEL seeks levy on imported solar power equipment

BHEL is pitching for duties on imported solar equipment to safeguard the domestic manufacturing industry that is being hurt by cheap imports primarily from China. BHEL's move comes close on the heels of the government slapping higher levy on imported power equipment, a development that would provide succour to domestic sector already grappling with sluggish business prospects. "The domestic (solar cell manufacturing) industry has to be given that protection otherwise cheaper imports will come and domestic industry will close down," BHEL Chairman and Managing Director BP Rao told PTI. more at : http://www.moneycontrol.com/news/business/bhel-seeks-levyimported-solar-power-equipment_791649.html