The Centre received around 18 bids of nearly 40 gigawatts (GW) under the Production-Linked Incentive (PLI) scheme for solar photovoltaic module manufacturing from several undisclosed companies till September 19, a report said. Amongst them as many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have shown interest for setting up solar manufacturing units under a production linked incentive scheme of the government.
In April this year, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules.The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.
Manufacturers will be rewarded for higher efficiencies of solar PV modules and also for sourcing their material from the domestic market.The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore. PLI amount will increase with increased module efficiency and increased local value addition.
