India Ratings and Research (Ind-Ra) on Tuesday said the solar production-linked Incentive (PLI) scheme will benefit 8-13 per cent of the photovoltaic energy plant requirement till 2029-30, and aid 20 gigawatt (GW) capacity development in the next five years. “Ind-Ra estimates that the allocation of Rs 45 billion (Rs 4,500 crore) towards the solar modules […]
What is PLI Scheme?
Production Linked Incentive (PLI) scheme was launched by the central government to boost domestic manufacturing and make India globally competitive. The Government of India expects the nation to be well-positioned as a global hub for manufacturing. The PLI scheme aims to give companies incentives on incremental sales from products manufactured in domestic units. PLI scheme […]
Notification For Selection Process For Setting UP High Efficiency Solar PV Manufacturing Capacities Under The Production Linked Incentive (PLI) Scheme
Notification For Selection Process For Setting Up High Efficiency Solar Pv Manufacturing Capacities Under The PLI Scheme. For more information please see below link:
PLI Scheme for Solar PV Modules is Good for Domestic OEMs: ICRA
The PLI scheme along with imposition of BCD on imported modules and cells from April 2022 will improve the cost competitiveness of domestic manufacturers vis-a-vis imports. New Delhi: The production-linked incentive (PLI) scheme for solar PV modules is a positive for domestic original equipment manufacturers and it would help improve cost competitiveness for the domestic […]
Views on PLI Scheme from Mr. Bharat Bhut – Cofounder & Director, Goldi Solar
“Owing to policy bottlenecks, lack of a long-term vision and support for domestic solar manufacturers, India has been lagging behind across the whole solar manufacturing chain. With the PLI Scheme, the government is pushing for growth of integrated manufacturing from polysilicon, ingots, wafers and cells to PV modules. There are some drawbacks with the complex […]
PLI scheme may extend to electrolyzers for producing green hydrogen
A drop in electrolyzer prices is expected to make green hydrogen competitive vis-а-vis fossil fuels by 2030. NEW DELHI : In what may further help burnish India’s green energy credentials, the government may extend the production linked incentive (PLI) scheme for manufacturing electrolyzers, which are used for producing green hydrogen. Green hydrogen gas is produced […]
PLI Scheme ‘National Programme on High Efficiency Solar PV Modules’ Approved by Cabinet
Cabinet approves Production Linked Incentive scheme ‘National Programme on High Efficiency Solar PV Modules’ The Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing […]
PLI scheme for solar PV to spur ₹14,000-cr investment
Government to invest ₹4,500 crore on the scheme Prime Minister Narendra Modi said on Thursday that the performance-linked incentive (PLI) scheme for high-efficiency solar PV modules will spur investments of over ₹14,000 crore and build a manufacturing capacity of 10 GW. “We want to see our companies become global manufacturing champions, not just fulfil local […]
Cabinet approves PLI Scheme to 10 key Sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports
Cabinet approves PLI Scheme to 10 key Sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat For more information please see below link: