INTRODUCTION: 

The scheme was introduced by GoI aims to build an ecosystem for manufacturing of high efficiency solar cells and modules thus reduce import dependence. SECI is the implementing agency for the Tranche-II of the Production Linked Incentive Scheme for High Efficiency Solar PV Modules.  The scheme aims to promote manufacturing of high efficiency Solar PV Modules in India and thus reduce import dependence in the field of Renewable Energy. 

Under the scheme SECI has issued Letter of Award to 11 successful manufacturers in April 2023 to set up cumulative manufacturing capacities of around 39,600 MW. PLI amount of around Rs 13,937.535 Crores has been allocated to the manufacturers which shall be disbursed over a period of 5 years post commissioning of the manufacturing plants. 

STRENGTHS of PLI:

To promote manufacturing of high efficiency Solar PV Modules in India & thus reduce import dependence in the area of renewable energy. 

The objectives are as follows:

1. To build up Solar PV Manufacturing capacity of High Efficiency Modules
2. To bring cutting-edge technology to India for manufacturing High Efficiency Modules
3. To promote setting up of integrated plants for better quality control & competitiveness
4. To develop an ecosystem for sourcing of local material in the solar manufacturing
5. Employment generation & technology self-sufficiency
6. To encourage sustainable manufacturing practices & adoption of circular economy approaches.

 

Basket – 1 (P+W+C+M)
Sr. No.	Name of Solar Module Manufacturers (SMM)	PLI Amount Allocated  (Rs. Cr)	Manufacturing Capacity  (MW)	PLI Eligible Capacity (MW)
1	Indosol Solar Private Limited	3300	6000	3000
2	Reliance Industries Limited	3098.04	6000	3000
3	FS India Solar Ventures Private Limited	1177.573	3400	1700
Basket – 2 (W+C+M)
4	Waaree Energies Limited	1923.24	6000	3000
5	Avaada Electro Private Limited	961.62	3000	1500
6	ReNew Photovoltaics Private Limited	1538.592	4800	2400
7	JSW Renewables Technologies Limited	320.54	1000	500
8	Grew Energy Private Limited	566.71	2000	1000
Basket – 3 (C+M)
9	VSL Green Power Private Limited	528.54	2400	1200
10	AMPIN Solar One Private Limited	139.72	1000	500
11	TP Solar Limited	383	4000	2000
Total PLI allocated under Tranche – II			Rs. 13937.575 Cr
Total Manufacturing Capacity allocated under Tranche - II			39600 MW

 

Note:

P: Polysilicon, W: Wafer, C: Cell & M: Module