NEW DELHI: The government on Wednesday approved the second tranche of the performance-linked incentive (PLI) scheme for the development of solar PV modules, with an outlay of Rs 19,500 crore.
It said the PLI for the National Programme on High-Efficiency Solar PV Modules aims to achieve a manufacturing capacity of “Giga Watt (GW)-scale in high-efficiency solar PV modules. The scheme will help produce import substitution of nearly Rs 1.37 lakh crore and also provide an impetus to research and development to achieve higher efficiencies in solar PV Modules, the government added.
