PLI Scheme for Solar PV Modules
On 21st September, 2022, the Union Cabinet approved the Ministry of New & Renewable Energy’s proposal for implementation of the Production Linked Incentive Scheme (Tranche II) on ‘National Programme on High Efficiency Solar PV Modules’, with an outlay of Rs.19,500 crore for achieving manufacturing capacity of Giga Watt (GW) scale in High Efficiency Solar PV Modules.
- The bulk of the allocation (nearly ₹12,000 crore) is to incentivise the setting up of integrated manufacturing facilities because there is no installed capacity in India to manufacture polysilicon and wafers (the raw material for solar panels).
National Programme on High Efficiency Solar PV ....
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