To encourage domestic manufacturing of high-efficiency solar modules, Finance Minister Nirmala Sitharaman on Tuesday said that an additional allocation of Rs 19,500 crore has been made under the Production Linked Incentive (PLI) scheme.
“To facilitate domestic manufacturing for the ambitious goal of 280 gigawatt (GW) of installed solar capacity by 2030, an additional allocation of Rs 19,500 crore for PLI for manufacturing of high-efficiency modules with priority to fully integrate manufacturing units to solar PV modules will be made,” Sitharaman said in the budget.
The Central Government in April 2021, had announced a Rs 4,500 crore PLI Scheme ‘National Programme on High-Efficiency Solar PV Modules’.
