PLI SCHEME 'NATIONAL PROGRAMME ON HIGH EFFICIENCY SOLAR PV MODULES'

About:

• Solar PV manufacturers will be selected through a transparent competitive bidding process.
  
  
• PLI will be disbursed for 5 years post commissioning of solar PV manufacturing plants, on sales of high efficiency solar PV modules.
  
  

The outcomes/ benefits expected from the scheme are as follows:

• Additional 10,000 MW capacity of integrated solar PV manufacturing plants,
  
  
• Direct investment of around Rs.17,200 crore in solar PV manufacturing projects
  
  
• Demand of Rs.17,500 crore over 5 years for 'Balance of Materials',
  
  
• Direct employment of about 30,000 and Indirect employment of about1,20,000 persons,
  
  
• Import substitution of around Rs.17,500 crore every year, and
  
  
• Impetus to Research & Development to achieve higher efficiency in solar PV modules.