The Union Minister for Power & NRE, Mr. R K Singh informed that since 2017-18, the country has seen installation of 65,862 MW of renewable energy capacities. Of this, Solar power accounted for 51,649 MW.
The Government of India is implementing the Production Linked Incentive (PLI) Scheme under National Programme on High Efficiency Solar PV Modules, for achieving domestic manufacturing capacity of Giga Watt (GW) scale in High Efficiency Solar PV modules and solar PV cells, with an outlay of Rs 24,000 crore.
This Scheme has provision for Production Linked Incentive (PLI) to the selected solar PV module manufacturers for five years post commissioning, on manufacture and sale of High Efficiency Solar PV modules. The PLI Scheme is being implemented in two tranches.
Tranche-I has an outlay of Rs 4,500 crore, under which Letters of Award have been issued to three successful bidders for setting up of 8,737 MW of fully integrated solar PV module manufacturing units.
For Tranche-II with an outlay of Rs 19,500 crore, the Scheme Guidelines have been issued on 30 September 2022. Though the tender document for the selection of solar PV manufacturers has been issued on 18 November 2022, the selection of solar PV manufacturers has not yet been done.
To keep up the tempo of installing additional solar power generation capacities, the Union Government has approved 8 solar parks with an aggregate capacity of 4,995 MW in the Bundelkhand region.
