The Indian government has reintroduced the Approved List of Models and Manufacturers (ALMM) for solar module manufacturers, effective 1 April.
MNRE confirmed the deadline of March 31 for ending all ALMM-related exemptions for solar project developers in a one-page office memorandum.
As per the official memorandum, each project where the solar PV modules have been received at the project site by 31-March-2024 and is unable to get commissioned by that day, on account of reasons beyond the control of the renewable power developer, would be examined separately.
In February, the government announced that the ALMM (Approved List of Models and Manufacturers) restriction would resume from April 1.
However, certain projects such as open access and captive consumption projects would be exempt from this restriction. Additionally, projects in the advanced stage of construction that had opened a line of credit or had already placed orders for modules for import before the end of March would also be exempt from the restriction.
However, the latest order on reimposition of the restriction does not mention any of the previous exemptions.
Over the past few years, the government has taken a number of measures to cut imports of modules from China, which is the largest global supplier of equipment for solar power projects. The ALMM stands as a pivotal government initiative, serving as an additional non-tariff barrier alongside the existing 40% basic customs duty on module imports.
By December 2023, India’s solar manufacturing capacity has surged to 64.5 GW for modules and 5.8 GW for cells, with ongoing expansion plans, solidifying India’s position as a frontrunner in global solar energy production.
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Resource:The Economic Times & Live Mint
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