Solar module availability issues persist post ALMM reinstatement
POWER & RENEWABLE ENERGY

Solar module availability issues persist post ALMM reinstatement

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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement