MNRE Asks Lenders to Insist on BIS Certification of Solar Modules Rather than Tier-1 List
MNRE stated that the prevalent Tier-I label doesn’t necessarily mean quality of modules
December 4, 2018
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The Ministry of New and Renewable Energy (MNRE) has issued a memorandum concerning the importance of following BIS certification when it comes to quality of solar photovoltaic (PV) modules. According to the memorandum, “The lenders involved in financing solar PV power projects must insist for BIS certification regarding quality of solar modules and not whether the supply of solar modules is from the Bloomberg Tier-I List.”