Solar Module Capacity Under ALMM Declines to 67.1 GW
POWER & RENEWABLE ENERGY

Solar Module Capacity Under ALMM Declines to 67.1 GW

The Ministry of New and Renewable Energy (MNRE) has expanded its Approved List of Module Manufacturers (ALMM) by including Easy Photovoltech and Akshaya Solar Power (India), contributing an additional 81 MW and 33 MW, respectively. Despite these additions, the total approved solar module manufacturing capacity has declined from 67,401 MW to 67,188 MW, as some companies' registrations have expired. With these updates, the number of solar module manufacturers under ALMM has risen to 92.
Additionally, FS India Solar Ventures, ReNew Photovoltaics, Blue Bird Solar, and Australian Premium Solar (India) have been included in the provisional ALMM list, representing a combined applied capacity of 7,454 MW. Under the provisional enlistment process, manufacturers are granted temporary approval within seven days of obtaining BIS certification. A two-month timeframe is allocated for factory inspection and final enlistment, after which the provisional status automatically becomes permanent if the process is not completed.
The previous ALMM update in January 2024 saw a total of 3,015 MW of new capacity added. Notable additions included BVG India (367 MW), KLK Ventures (33 MW), and SAN Energy and Solution (27 MW). Several established manufacturers also expanded their capacities, including Rayzon Solar (1,369 MW), Sova Solar (765 MW), Spark Solar Technologies (82 MW), Swelect HHV Solar (76 MW), and Vikram Solar (296 MW).
The ALMM initiative has been instrumental in strengthening India's domestic solar module manufacturing industry by prioritising locally produced solar panels in government-backed projects. This regulatory measure aims to reduce dependency on imports, bolster domestic production, and ensure quality standards. From 1 June 2026, solar cells will also be included under the ALMM framework, following the introduction of ALMM List-II for solar cells in December 2023.
The solar energy sector in India has seen rapid growth in recent years, driven by government incentives, domestic manufacturing policies, and a strong push for renewable energy adoption. According to Mercom’s State of Solar PV Manufacturing in India 1H 2024 Report, the country added 11.3 GW of solar module manufacturing capacity and 2 GW of solar cell production capacity in the first half of 2024. This growth was largely supported by the reinstatement of the ALMM mandate in April 2024, reinforcing the government's commitment to energy security and sustainable development.
India’s solar industry continues to play a crucial role in meeting the country’s renewable energy targets. The increasing domestic production of solar modules and cells is expected to drive down costs, enhance supply chain resilience, and improve energy self-sufficiency. However, maintaining competitiveness against global manufacturers, ensuring technological advancements, and navigating regulatory changes will remain key challenges for the industry moving forward.

The Ministry of New and Renewable Energy (MNRE) has expanded its Approved List of Module Manufacturers (ALMM) by including Easy Photovoltech and Akshaya Solar Power (India), contributing an additional 81 MW and 33 MW, respectively. Despite these additions, the total approved solar module manufacturing capacity has declined from 67,401 MW to 67,188 MW, as some companies' registrations have expired. With these updates, the number of solar module manufacturers under ALMM has risen to 92.Additionally, FS India Solar Ventures, ReNew Photovoltaics, Blue Bird Solar, and Australian Premium Solar (India) have been included in the provisional ALMM list, representing a combined applied capacity of 7,454 MW. Under the provisional enlistment process, manufacturers are granted temporary approval within seven days of obtaining BIS certification. A two-month timeframe is allocated for factory inspection and final enlistment, after which the provisional status automatically becomes permanent if the process is not completed.The previous ALMM update in January 2024 saw a total of 3,015 MW of new capacity added. Notable additions included BVG India (367 MW), KLK Ventures (33 MW), and SAN Energy and Solution (27 MW). Several established manufacturers also expanded their capacities, including Rayzon Solar (1,369 MW), Sova Solar (765 MW), Spark Solar Technologies (82 MW), Swelect HHV Solar (76 MW), and Vikram Solar (296 MW).The ALMM initiative has been instrumental in strengthening India's domestic solar module manufacturing industry by prioritising locally produced solar panels in government-backed projects. This regulatory measure aims to reduce dependency on imports, bolster domestic production, and ensure quality standards. From 1 June 2026, solar cells will also be included under the ALMM framework, following the introduction of ALMM List-II for solar cells in December 2023.The solar energy sector in India has seen rapid growth in recent years, driven by government incentives, domestic manufacturing policies, and a strong push for renewable energy adoption. According to Mercom’s State of Solar PV Manufacturing in India 1H 2024 Report, the country added 11.3 GW of solar module manufacturing capacity and 2 GW of solar cell production capacity in the first half of 2024. This growth was largely supported by the reinstatement of the ALMM mandate in April 2024, reinforcing the government's commitment to energy security and sustainable development.India’s solar industry continues to play a crucial role in meeting the country’s renewable energy targets. The increasing domestic production of solar modules and cells is expected to drive down costs, enhance supply chain resilience, and improve energy self-sufficiency. However, maintaining competitiveness against global manufacturers, ensuring technological advancements, and navigating regulatory changes will remain key challenges for the industry moving forward.

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement