Approved List of Models and Manufacturers (ALMM) –
Will Indian Solar sector grow or fall
On 12th May 2020 the term Atma Nirbhar Bharat or Self-Reliant India was coined by the Hon. Prime Minister Narendra ModiJi following this the PLI scheme was launched to encourage domestic manufacturing, reduce imports and generate employment in India.
Under the PLI scheme INR 4500 Crore is allocated to promote manufacturing of high efficiency solar PV modules in India thus, reducing the dependency on import in the Renewable Energy sector. It is to be noted that incentive under this scheme is provided to companies on incremental sales from products manufactured in domestic units. To safeguard the domestic manufacturers government has made it mandatory for the project developers to have a portion of installation through domestic manufacturers in order to avail the benefits of scheme, promoting the solar market in India
Adding to this there are possibilities of claim on production of solar cells & modules produced or made elsewhere so, MNRE issued an order for compulsory registration of manufacturers to “Approved Models & Manufacturers of Solar PV Modules” (ALMM)
For all the solar projects bidding after 10th April 2021, under standard bidding guidelines have to procure modules from manufacturers mentioned in approved list.
There are possible positive and negative impact of this order on Indian solar market/manufacturers.
Above all, while efforts are being made to promote Indian market and encourage more players to enter into solar cells & module manufacturing, continuous improvements in policies can be expected.
Nikhil Samundre, founder of Solarmarts believes that once the ALMM is streamlined the quality of solar products will be ensured in the market. Are you looking forward to purchase best quality of solar products? Check our website www.solarmarts.in
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