Reliance, Adani NSE -0.18 %, Tata, and Jindal are some of the 18 companies that have applied for the Centre’s Rs 4,500 crore production-linked incentive (PLI) scheme and hope to start or increase their manufacturing capacity with the help of these funds.
State-owned fossil fuel giant Coal India Limited (CIL), who is rapidly trying to expand its footprint in the renewables industry, has applied too; as have American firms First Solar and CubicPV.
ET has seen a copy of the bid document released by the Indian Renewable Development Agency (IREDA), the financing arm of the Ministry of New and Renewable Energy (MNRE).
