Govt plans to register only Indian-made solar panels on ALMM: RK Singh

[ad_1]

R. K. Singh

“We will evolve our policies. We will only protect those modules, which are cells made in India. In a year or two, we will implement that policy. Then after 1-2 years, we will implement a policy.” that wafers and polysilicon should also be manufactured in India.

The government plans to register solar panels composed solely of domestically manufactured cells, wafers and polysilicon on the Approved List of Models and Manufacturers in the next 3-4 years.

New and Renewable Energy Minister RK Singh has also asked the concerned officials of his ministry to prepare a policy in this regard.

The government introduced ALMM to boost domestic manufacturing of solar panels.

Modules with lower efficiency are eliminated from the ALMM, the minister said.

“We will evolve our policies. We will only protect those modules, which are cells made in India. In a year or two, we will implement that policy. Then after 1-2 years, we will implement a policy.” that wafers and polysilicon should also be manufactured in India.

“We only register those players in ALMM whose cells, wafers and polysilicon are manufactured in India,” Singh said.

The move will contribute to true ‘Make-in-India’. The government will not promote the import of solar panel components in the coming years, the minister said.

“Cells are imported from abroad, assembled here and sold saying they are made in India, while 90 percent of them are made in China, this is of no use,” he said, adding that the ministry will also do a review of the ALMM next time. year.

The government will not allow manufacturers to support any outdated equipment or technology to protect the interests of the people of India, Singh added.

(Only the title and image of this report may have been modified by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First published: October 22, 2023 | 13:02 IS

[ad_2]
Source link

Check Also

NPR suspends editor whose essay criticized the station | Trending Viral hub

[ad_1] NPR suspended Uri Berliner, the senior business editor who broke ranks and published an …

Taylor Swift and Beyoncé avoided a chart collision. (Again.) | Trending Viral hub

[ad_1] The two reigning queens of pop are often considered rivals, but they have continually …

IMF sees stable growth but warns of growing protectionism | Trending Viral hub

[ad_1] The global economy is nearing a soft landing after several years of geopolitical and …

Leave a Reply

Your email address will not be published. Required fields are marked *