PLI Scheme Could Support 20 GW Module Sales Over 5 Years

India Ratings & Research Sees India’s Production Linked Incentive Scheme Benefiting Sales Of 20 GW Solar Modules Over 5 Years, Yet Not Enough To Meet 280 GW Solar Power Capacity Target By FY30

Calling the Government of India’s Production Linked Incentive (PLI) scheme a shot in the arm and a much-required step to tackle import requirements, India Ratings and Research (Ind-Ra) believes the amount of INR 45 billion for the initiative is not enough to bring its import dependence further down on an average till FY30.

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