Solar PLI: Don’t let big players grab all benefits, industry tells Govt
The Union power ministry’s decision to invite tenders afresh for the production-linked incentive (PLI) scheme for the solar sector could create monopolies as a few top players could walk away with the sops, industry sources fear.
The first tender took place under a budgetary allocation of Rs4,500 crore, which led to the creation of a waiting list of bidders in addition to the winners. The waiting list was to be cleared after an increase in the scheme’s outlay by the ministry of finance. However, after the fresh allocations of Rs 19,500 crore for FY23 under the PLI scheme, the power ministry decided to do away with the list and go for a fresh tender.
