MNRE Launches ALMM Phase II for Solar Modules

03 Oct 2024 CW Team

The Ministry of New and Renewable Energy (MNRE) has rolled out the second phase of the Approved List of Models and Manufacturers (ALMM) for solar modules in India. This initiative aims to strengthen domestic solar manufacturing by ensuring that only high-quality products are used in government projects. The updated ALMM includes a list of manufacturers that meet rigorous standards, promoting local production in line with India's renewable energy targets.

The first phase, launched in 2021, successfully encouraged domestic manufacturers, and the second phase is expected to build on that momentum. By mandating the use of approved models, MNRE aims to bolster the reliability and efficiency of solar installations across the country. This strategic move aligns with India's commitment to achieving significant renewable energy capacity, particularly in solar power, to meet its climate goals.

The initiative also addresses the growing global demand for solar technology while fostering innovation in the domestic market. With increasing investments and government support, the Indian solar sector is poised for substantial growth, making the ALMM an essential tool in ensuring quality and sustainability.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..