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.
India Details Production Linked Incentive Scheme For Solar
IREDA Appointed Implementing Agency For Production Linked Incentive Scheme For Solar; MNRE Says Preference To Be Given To Manufacturers Offering To Build Higher Capacities
Minimum capacity to bid for by interested solar PV manufacturers under India's PLI Scheme is 1 GW, according to MNRE. Bidders getting higher marks will get preference in allocation of manufacturing capacity.
India PV News Snippets: PLI, SWSL, Kerala, Meghalaya
India Includes Solar PV In Production-Linked Incentive Scheme To Incentivize Value Chain Creation; Sterling & Wilson Set Up Shop In Spain; Kerala Awards 200 MW To NTPC & Tata Power; 10 MW Meghalaya Tender
To encourage India’s production capabilities and exports, the country's government has included 10 sectors under a Performance-Linked Incentive Scheme - and solar PV is one of the chosen fields.
