Solar PLI of Rs 20,000 crore puts focus on efficiency levels
NEW DELHI: The selection criteria under the Rs 19,500-crore second tranche of production-linked incentives (PLI) for solar manufacturing puts a premium on efficiency levels of the modules unlike in first tranche, according to norms notified by the new & renewable energy ministry.
The selection criteria under the first tranche had separate marks for capacity and integration levels, where value-addition and capacity were being used as a secondary criteria to address situation of ties among competing firms.
“The focus on efficiency and local value addition intranche II of the scheme is an indicator that government’s goal is not restricted to merely promoting manufacturing in India but has been enhanced to providing high-efficiency solar PV modules and ensuring development of overall supply chain for manufacturing here,” E&Y tax partner Saurabh Agarwal said.
