• Home /Exam Details (QP Included) / The deadline for solar firms to adopt India-made solar cells is June 26.
  • The deadline for solar firms to adopt India-made solar cells is June 26.
    Posted on December 20th, 2024 in Exam Details (QP Included)

    • The Ministry of New and Renewable Energy (MNRE) has set a deadline of June ’26 for solar firms to adopt India-made solar cells.

    • The deadline is to discourage foreign imports of components used in solar panel manufacturing.

    • The MNRE proposed to issue List-II of solar PV cells under ALMM, effective from 1st June 2026.

    • The ‘List-II’ refers to a list of solar cell manufacturers, which Indian solar companies primarily rely on.

    • Schemes like the ₹75,000 crore PM rooftop-solar programme and PM Kusum programmes must source panels from domestic companies approved by the MNRE.

    • High prices of Indian solar cells could increase the cost of capital cost of solar power projects by ₹5-10 million per megawatt.

    • India has installed 92 gigawatt of solar capacity so far, with an expected increase in module and cell manufacturing capacity by 2027.

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