Solar Developers Finding it Difficult to Bid Below ₹2.50/kWh as ALMM Takes Effect

With the implementation of ALMM, developers are forced to procure domestic modules that are comparatively expensive, increasing the overall cost of solar projects

August 10, 2021

/ Harsh Shukla

/ Mercom Research Focus, Other,

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Solar developers are finding it challenging to execute solar projects with a tariff lower than ₹2.50 (~$0.034)/kWh with the Approved List of Models and Manufacturers (ALMM) restrictions.

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Harsh Shukla

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