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India has set an ambitious target of setting up 175 GW capacity of renewable energy by 2022 and 450 GW by 2030. On the basis of a techno-economic analysis, Central Electricity Authority (CEA) has indicated in their Optimum Energy Mix report that 280 GW capacity from solar energy will be needed by 2029-30. To achieve the target, around 25 GW solar energy capacity is needed to be installed every year, till 2030. Solar capacity addition presently depends largely upon imported solar PV cells and modules as the domestic manufacturing industry has limited operational annual capacities. |
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To promote manufacturing of high efficiency solar PV modules in India, Production Linked Incentive Scheme for manufacturing of ‘High Efficiency Solar PV Modules has been approved by Government of India with a financial outlay of INR 4,500 Cr. |
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| Objectives |
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To build up solar PV manufacturing capacity of high efficiency modules.
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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 will result in better module performance will be incentivised. |
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To promote setting up of integrated plants for better quality control and competitiveness. |
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To develop an ecosystem for sourcing of local material in solar manufacturing. |
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Employment generation and technological self-sufficiency. |
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Financial
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Outlay
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USD 616 Mn
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IMPLEMENTING
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AGENCY
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IREDA
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Indian Renewable Energy Development Agency
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| Selection of beneficiaries |
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| Beneficiaries will be selected through a transparent bidding process after consideration of following parameters in applications:
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Extent of Integration
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Preference to manufacturers who propose to set up a fully integrated solar
PV manufacturing plant, minimum integration across solar cells and modules required |
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Manufacturing Capacity
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Preference to higher capacity plants, minimum manufacturing plant of
1,000 MW capacity required.
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Minimum Module Performance
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Minimum parameters as defined in policy to be met for
efficiency and temperature |
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Greenfield and Brownfield solar PV module manufacturing units will be eligible. |
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PLI rate for Brownfield projects will be 50% of the rate for Greenfield projects. |
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Detailed guidelines on the
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scheme can be accessed here
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The Bid documents
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can be accessed here
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Online application opened on – May 31st, 2021
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Last date for submission – June 30th, 2021
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| Invest India, Vigyan Bhawan Annexe, Maulana Azad Road, New Delhi – 110011 |
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