National Programme on High Efficiency Solar PV Modules under PLI scheme
About the Scheme
On 11 November, 2020, the Cabinet approved introduction of Production Linked Incentive (PLI) Scheme for 10 key Sectors, for enhancing India’s manufacturing capabilities and exports under Atmanirbhar Bharat initiative. One of the 10 sectors for which introduction of Production Linked Incentive (PLI) has been approved by the Cabinet is ‘High Efficiency Solar PV Modules’ for which Ministry of New & Renewable Energy (MNRE) has been designated as the implementing Ministry. The financial outlay for PLI for ‘High Efficiency Solar PV Modules’ (Tranche-I) is ₹ 4,500 crore. On 28.04.2021, MNRE has issued the Scheme Guidelines for Production Linked Incentive Scheme ‘National Programme on High Efficiency Solar PV Modules’, with an outlay of Rs. 4,500 crores for supporting setting up of integrated manufacturing units of high efficiency solar PV modules by providing Production Linked Incentive (PLI) on sales of such solar PV modules.
Aim:
To promote manufacturing of high efficiency solar PV modules in India and thus reduce import dependence in the area of Renewable Energy.
Objectives:
• To build up solar PV manufacturing capacity of high efficiency modules
• 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
• To promote setting up of integrated plants for better quality control and competitiveness
• To develop an ecosystem for sourcing of local material in solar manufacturing
• Employment generation and technological self-sufficiency