Solar modules: Chinese players get a six-month window

The ministry of new and renewable energy’s (MNRE’s) decision to extend the approved list of models and manufacturers (ALMM) by six months to October could provide a short-term relief for solar projects under execution. With this, Chinese module manufacturers can supply to India’s non-government solar projects for the next six months.

However, the introduction of import tariffs or the basic customs duty (BCD) of 40% on modules and 25% on cells that came into effect on Friday could be a dampener for buyers of Chinese panels, analysts said.