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Ministry of New and Renewable Energy(MNRE) has conveyed the sanction of President for implementation of Production Linked Incentive scheme ‘National Programme on High Efficiency Solar PV Modules’ for achieving manufacturing capacity of Giga Watt (GW) scale in High Efficiency Solar PV modules.
The aim is to to promote manufacturing of high efficiency solar PV modules in India and thus reduce import dependence in the area of Renewable Energy.
The Objectives are:
a. To build up solar PV manufacturing capacity of high efficiency modules.
b. To bring cutting edge technology to India for manufacturing high efficiency modules. The
scheme will be technology agnostic in that it will allow all technologies. However,
technologies which result in better module performance will be incentivized.
c. To promote setting up of integrated plants for better quality control and competitiveness.
d. To develop an ecosystem for sourcing of local material in solar manufacturing.
e. Employment generation and technological self-sufficiency
The implementation methodology is:
The Ministry of New and Renewable Energy has decided to implement a National Programme on Solar PV Manufacturing involving Production Linked Incentive (PLI) to enhance domestic manufacturing capacity of High Efficiency Solar PV Modules, for which the Cabinet has given approval on 11th November, 2020 and allocated an amount of ₹4,500 crore to be spent over a period of five years.
To know the details, click on the link below.