Fresh auction to be held for solar PLI scheme

The government has decided against accommodating past qualified bidders for the Rs 19,500-crore production-linked incentive (PLI) scheme for solar manufacturing and will conduct fresh auction with a minimum 90% localisation clause, a senior government official said.

“It is proposed to prescribe minimum 90% local value addition and 22% module performance for being eligible for PLI,” the official said. “In order to qualify for the bid, the applicant manufacturer will have to promise minimum integration across solar cells and modules.”