Two months after the Approved List of Models and Manufacturers (ALMM) was reinstated, industry stakeholders report ongoing challenges regarding the availability and affordability of solar modules. According to them, the reversal of the ALMM policy has not alleviated these issues. Sarthak Sengupta, Head of Procurement at Amplus Solar, stated that N-type DCR modules in the domestic market cost approximately Rs 22 per Wp for a module size ranging from 545-550 Wp, while non-DCR modules utilizing Chinese cells are priced around Rs 15 per Wp. He noted that even with the inclusion of a 44 per cent basic customs duty and surcharge, imported modules are priced at an average of Rs 12. Availability of N-Type/Topcon modules is particularly challenging.

Ashish Agarwal, head of solar business at BluPine Energy, mentioned that it is premature to conclusively assess the impact of the ALMM restoration on domestic supply and pricing, given that only two months have passed since the deadline expired. He observed a significant uptick in orders received by domestic module manufacturers during this period. Agarwal added that suppliers are expressing concerns about potential delays in future deliveries due to increasing factory bookings, highlighting the urgency in securing future production capacities.

The government reinstated the ALMM policy on April 1, 2024, affecting all projects except utility projects with pre-July 2021 power purchase agreements and behind-the-meter projects.