Summary: — ## Key Business Takeaways ### 1. Regulatory Mandate & Scope – **ALMM List-II** specifically covers **Solar PV Cells** (unlike List-I for modules). – Compliance is **mandatory** for all government-backed solar schemes, including projects under CPSU, SECI, NTPC, and state tenders. – Non-approved cells cannot be used in such projects, creating a **regulatory moat** […]