Solar PLI scheme to benefit 8-13 pc of incremental panels demand till FY30: Report
India Ratings and Research (Ind-Ra) on Tuesday said the solar production-linked Incentive (PLI) scheme will benefit 8-13 per cent of the photovoltaic energy plant requirement till 2029-30, and aid 20 gigawatt (GW) capacity development in the next five years.
“Ind-Ra estimates that the allocation of Rs 45 billion (Rs 4,500 crore) towards the solar modules manufacturing industry by the Ministry of New and Renewable Energy (MNRE) can benefit the sales of 20 GW from the capacity developed under the PLI scheme across the five-year implementation period,” according to a statement.
