India's renewable energy ministry has extended the exemption from the ALMM List-II on PV cells for net-metering and open-access solar projects until the end of December 2026.
India's MNRE has urged the power regulator to retain separate 'Deviation Settlement Mechanism' rules for solar and wind projects to protect them against increased financial risks.
India has become the third-largest country by installed renewable energy capacity, reaching 274.68, with over 150GW of solar PV capacity, according to statistics from the Ministry of New and Renewable Energy (MNRE).