As many as 16 companies have become eligible for the Rs 4,500-crore production linked incentive (PLI) scheme for solar panel manufacturing, sources said. According to their rankings, the top five firms in the list are Jindal India Solar Energy, Shirdi Sai Electricals, Reliance New Energy Solar, Adani Infrastructure and FS India Solar Ventures.
However, it was not immediately clear how much incentive the companies will receive under the scheme. The incentives sought by the top three firms in the list cross the initially earmarked corpus of Rs 4,500 crore.