The government\u2019s step to include only those solar panels in the ALMM list which are made up of domestically manufactured cells, wafers, and polysilicon could disrupt capacity addition plans if not backed with adequate capacity, according to industry experts.<\/p>\n
\u201cWhile the intent behind this move is appreciated, considering it helps achieve the goal of self-reliance and fosters our Make in India ambitions, it is also essential to adopt a balanced approach,\u201d said Sharad Pungalia, MD & CEO, Amplus Solar, a Gurugram-based clean energy firm and member of Malaysia\u2019s Petronas group.<\/p>\n
He said that such restrictions, if not backed with adequate manufacturing capacity and supply chain, could disrupt the capacity addition plans.<\/p>\n
\u201cIndia has earmarked highly ambitious energy transition goals, requiring significant and cost-competitive renewable energy\u2026 I hope the government follows measured procedures dovetailing the Make-in-India ambitions with our renewable energy growth,\u201d said Pungalia.<\/p>\n
However, according to Hitesh Doshi, chairman and managing director of Waaree Group, a Mumbai-headquartered solar panel manufacturer, Indian manufacturers are well-placed in terms of both quality and capacity to cater to the requirements of domestic and international markets.<\/p>\n
\u201cBut, due to the widespread import of solar modules in India, indigenous manufacturers are deprived of the opportunity to cater to the demands of the domestic market and grow their businesses,\u201d he said.<\/p>\n
Joshi added that over the first six months of FY24, India imported about 5,300 MW of solar modules, with an approximate value of Rs 9,500 crore.<\/p>\n
\u201cIn this context, there is a pressing need for policy interventions, particularly in terms of curbing imports, to give a strong impetus to the indigenous solar manufacturing sector,\u201d he said.<\/p>\n
Joshi added that policy stability is critical for investor confidence in the solar manufacturing sector.<\/p>\n
The Approved List of Module Manufacturers (ALMM) was introduced by the government to boost domestic manufacturing of solar panels.<\/p>\n
The planned implementation of this measure is in a phased manner with the initial stage mandating the use of domestically produced cells, and the later stages expanding the mandate to include domestically produced wafers, ingots and polysilicon.<\/p>\n
Recently, the government announced its plan to register such solar panels under list in the next three to four years. According to reports, minister for new and renewable energy R K Singh has also asked the concerned officers of his ministry to prepare a policy in this regard.<\/p>\n","protected":false},"excerpt":{"rendered":"
The government\u2019s step to include only those solar panels in the ALMM list which are made up of domestically manufactured cells, wafers, and polysilicon could disrupt capacity addition plans if not backed with adequate capacity, according to industry experts. \u201cWhile the intent behind this move is appreciated, considering it helps achieve the goal of self-reliance and fosters our Make in India ambitions, it is also essential to adopt a balanced approach,\u201d said Sharad Pungalia, MD & CEO, Amplus Solar, a Gurugram-based clean energy firm and member of Malaysia\u2019s Petronas group. He said that such restrictions, if not backed with adequate […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-614288","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=614288"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614288\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}