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Events / India Expands ALMM to Solar Ingots, Wafers
Regulatory regulatory change

India Expands ALMM to Solar Ingots, Wafers

Analysis based on 10 articles · First reported Mar 18, 2026 · Last updated Mar 25, 2026

Sentiment
60
Attention
4
Articles
10
Market Impact
Direct
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Market Impact

The expansion of the Approved List of Models and Manufacturers (ALMM) framework by the India===Ministry of New and Renewable Energy (MNRE) is expected to significantly boost domestic solar manufacturing in India, reducing reliance on imports and strengthening local supply chains. This move will likely create new investment opportunities in the Indian solar sector, particularly for companies involved in ingot and wafer production.

Renewable Energy Semiconductor Manufacturing
Event Summary

The India===Ministry of New and Renewable Energy (MNRE) in India has expanded its Approved List of Models and Manufacturers (ALMM) framework to include solar ingots and wafers, effective June 1, 2028. This regulatory change mandates that solar projects covered under the framework must source these components from approved domestic manufacturers. The move aims to strengthen India's local solar manufacturing ecosystem, reduce import dependence, and enhance quality across the solar value chain. The ALMM List-III for wafers will be issued once at least three independent wafer manufacturing facilities with a combined annual capacity of 15 GW are operational in India. This initiative aligns with India's broader goal of self-reliance under the Atmanirbhar Bharat initiative and its target of achieving 500 GW of non-fossil fuel capacity by 2030.

Key Actions
100 India===Ministry of New and Renewable Energy expanded Approved List of Models and Manufacturers (ALMM) framework
80 India aims to achieve 500 GW of non-fossil fuel capacity by 2030
Entities Involved
cnt
India
India is taking decisive steps to boost its self-reliance in solar manufacturing through the expansion of the Approved List of Models and Manufacturers (ALMM) framework. This move aims to reduce import dependence, strengthen supply chains, and position India as a global player in renewable energy.
Importance 100 Sentiment 60
govactor
India===Ministry of New and Renewable Energy
The India===Ministry of New and Renewable Energy (MNRE) is the primary government agency responsible for implementing the Approved List of Models and Manufacturers (ALMM) framework. Its decision to expand ALMM to include ingots and wafers is a significant step towards strengthening India's domestic solar manufacturing ecosystem.
Importance 90 Sentiment 70
per
Pralhad Joshi
Pralhad Joshi, as the Union Minister for New and Renewable Energy, has publicly supported and announced the expansion of the Approved List of Models and Manufacturers (ALMM) framework. His statements highlight the government's commitment to building a robust and self-reliant solar manufacturing ecosystem in India.
Importance 70 Sentiment 60
priv
Premier Energies
Premier Energies, through its chief business officer Vinay Rustagi, has expressed support for the inclusion of ingots and wafers under the Approved List of Models and Manufacturers (ALMM). This indicates that domestic solar manufacturers like Premier Energies are likely to benefit from increased local sourcing requirements.
Importance 40 Sentiment 50
per
Vinay Rustagi
Vinay Rustagi, chief business officer of Premier Energies, provided commentary on the Approved List of Models and Manufacturers (ALMM) expansion, emphasizing its importance for deepening India's solar manufacturing sector and reducing import dependence.
Importance 30 Sentiment 50
Relationships
Pralhad Joshi related ↔ India===Ministry of New and Renewable Energy
Vinay Rustagi related ↔ Premier Energies
India related ↔ India===Ministry of New and Renewable Energy
Pralhad Joshi related ↔ India
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