Union minister for power and renewable energy RK Singh on Thursday said fresh tenders would be invited for the setting up of 40,000 MW manufacturing capacity for solar modules and cells under the production-linked incentive (PLI) scheme for the sector. The Union Budget 2022-23 made an additional outlay of Rs 19,500 crore for the PLI scheme, which had an initial outlay of Rs 4,500 crore.
The ministry’s unexpected move could create uncertainty for the 13 companies that had applied for the incentives earlier and are on the wait list. These include some firms which have started the construction activities at the sites.
