What's Happening?
The Ministry of New and Renewable Energy (MNRE) has proposed extending the Approved List of Models and Manufacturers (ALMM) framework to include solar wafers starting June 1, 2028. This draft amendment aims to bolster India's domestic solar manufacturing capabilities and reduce reliance on imports. Stakeholders are invited to submit feedback by October 11, 2025. The proposal outlines exemptions for projects bid out before the cut-off date, even if commissioned after 2028, and details the categorization of solar PV modules and cells based on their compliance with ALMM listings.
Why It's Important?
Extending the ALMM framework to solar wafers is a strategic move to enhance India's solar manufacturing ecosystem, potentially leading to increased self-sufficiency and reduced import dependency. This could stimulate domestic production, create jobs, and strengthen the supply chain. However, it may also pose challenges for manufacturers who need to comply with new regulations, potentially affecting their market competitiveness. The policy could influence global solar markets, as India is a significant player in the renewable energy sector.
What's Next?
Stakeholders will have the opportunity to provide input on the draft amendment until October 11, 2025. The feedback process will likely shape the final policy, impacting manufacturers and investors in the solar industry. The implementation of the extended ALMM framework will require manufacturers to adapt their production processes to meet new standards, potentially leading to industry consolidation or innovation.
