Production Linked Incentive Scheme Tranche-I under National Programme on High Efficiency Solar PV Modules

The scheme “Production Linked Incentive Scheme Tranche-I under National Programme on High Efficiency Solar PV Modules" has been implemented by the Ministry of New and Renewable Energy, Government of India. It aims to promote the manufacturing of high-efficiency solar photovoltaic modules in India and reduce import dependence on renewable energy. Through this scheme, Production Linked Incentive (PLI) is provided to eligible manufacturer-beneficiaries for sales of high-efficiency solar photovoltaic modules, based on sales volume, performance parameters, and local value addition. The scheme is implemented by the Ministry of New and Renewable Energy through the Indian Renewable Energy Development Agency (IREDA). The scheme has a financial outlay of ₹4,500 crore over 5 years and supports domestic manufacturing capacity, technology adoption, integrated plants, sourcing of local material, and employment generation. Beneficiaries are selected through a transparent bidding process, and incentives are disbursed annually, subject to scheme conditions > Objectives: - To build up solar PV manufacturing capacity of high-efficiency modules. - To bring cutting-edge technology to India for manufacturing high-efficiency modules. The scheme will be technology agnostic in that it will allow all technologies. However, technologies that will result in better module performance will be incentivised. - To promote the setting up of integrated plants for better quality control and competitiveness. - To develop an ecosystem for the sourcing of local material in solar manufacturing. - Employment generation and technological self-sufficiency.