Daily News Wrap-Up: India’s Solar Cell and Module Imports Drop Sharply in Q4

Bihar Commission allows DISCOMs to carry RPO shortfalls to FY 2025

September 11, 2024

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India imported solar cells and modules worth over $774.9 million (~₹64.6 billion) in the second quarter of the calendar year 2024, down 16.4% year-over-year, according to data from the Department of Commerce. Solar modules accounted for 55% of the quarter’s imports, and solar cells 45%. In a quarter-over-quarter comparison, solar module and cell imports dropped by 61.4% from over $2 billion (~₹166.9 billion). Solar module imports saw a sharp decline of 73.2%, while solar cell imports fell by 17%.

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