New Delhi, March 9 Solex Energy announced on Monday that its 3.78-gigawatt solar module manufacturing facility in Surat has received approval under the government's ALMM framework, which ensures the reliability of its products in the domestic market.
The Ministry of New and Renewable Energy (MNRE) has introduced the Approved List of Models & Manufacturers (ALMM) for solar PV modules and cells. This mechanism ensures the reliability of the producer and protects the interests of users, while also ensuring the larger energy security of the country.
Solex Energy has received ALMM approval from the Ministry of New and Renewable Energy for its 3.78 gigawatt solar module capacity. The facility, located in Surat (Gujarat), has become an enlisted solar PV module manufacturing capacity, the company said in an exchange filing.
"This approval reinforces our commitment to strengthening India's domestic solar manufacturing ecosystem while accelerating the transition towards clean and sustainable energy," said Solex Energy's CMD Chetan Shah.
Solex Energy, based in Gujarat, aims to increase its module manufacturing capacity to 15 GW, which is expected to cost Rs 8,000 crore.