Push for local solar cells may raise project costs

THE GOVERNMENT’S DECISION to include solar cells in the Approved Lists of Models and Manufacturers — though will be implemented from June 1, 2026 — may in the short term inflate delivered costs of domestic modules, drive up the capital cost of projects, and affect timelines, analysts say.

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Additionally, high prices of locally manufactured cells can be a bane because they would tend to impact the tariff levels bid at solar power project auctions, accordi