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Energising solar module manufacture
India is aiming to get back on the global solar manufacturing map. - BusinessLine×
The recently announced PLI scheme for this sector must be dovetailed with the host of other incentives, especially for MSMEs
As part of its move to incentivise the domestic industry and make the country ‘Atamnirbhar’, the Union Cabinet earlier this month approved the proposal of the Ministry of New and Renewable Energy (MNRE) for a Production Linked Incentive (PLI) scheme called the ‘National Programme on High Efficiency Solar PV (Photo Voltaic) Modules’.
Commerce Minister Piyush Goyal, while announcing the decision, had said that this is for achieving manufacturing capacity of Giga Watt (GW) scale in high efficiency solar PV modules, with an outlay of ₹4,500 crore. Solar capacity addition presently depends largely upon imported solar PV cells and modules as the domestic industry has limited operational capacities of solar PV cells and modules. T