11 firms bag 39,600 MW solar manufacturing capacity under PLI scheme

The Government on Tuesday said it has allocated 39,600 MW of domestic solar PV module manufacturing capacity to 11 companies with an outlay of Rs 14,007 crore under Production Linked Incentive (PLI) scheme.

Reliance has been awarded capacity worth 6,000 MW, Waaree 6000 MW, ReNew 4,800 MW, JSW 1,000 MW while Tata Power Solar got 4,000 MW, said a statement.

Manufacturing capacity totaling 7400 MW is expected to become operational by October 2024, 16,800 MW capacity by April 2025 and the balance 15,400 MW capacity by April 2026. The Tranche-II is expected to bring in an investment of Rs. 93,041 crore. It will also generate a total of 1,01,487 jobs with 35,010 getting direct employment and 66,477 being indirectly employed, said the statement.