Bidding for Rs 195-bn solar module PLI-2 within a week

The government is planning to invite bids within a week for the Rs 195-billion second tranche of the production-linked incentive (PLI) scheme for solar modules. Scheme guidelines for PLI-2 have already been published, said Renewable Energy Minister Indu Shekhar Chaturvedi.

“Our module capacities have more than doubled in the last seven and a half years. They are now 20 GW, but the same cannot be said about the cells, which is 4.5 GW,” Chaturedi said, speaking at an event on Aatmanirbhar Bharat organized by CII this week. But the situation would change, the minister suggested, considering the projects under PLI-1 and now PLI-2.

By 2026, India is aiming at capacities of 38 GW in polysilicons, 56 GW in ingots and wafers, 70-80 GW in cells and 90-100 GW in modules, Chaturvedi said.

“Our targets are huge … [but] the outlook for solar manufacturing seems good," the minister added.

Power and renewable energy minister R K Singh said the government is considering giving deemed distribution licences in the renewable energy space. He stressed the need to generate green hydrogen instead of decarbonised hydrogen. He said some developed countries have proposed decarbonised hydrogen, which may involve methane and carbon dioxide emissions.

See also:
ReNew Power to invest Rs 300 bn on scaling up capacity
Pennar bags solar project from NTPC REL


Related Stories

Maharashtra Govt Prioritises Eco-Friendly Bridge Construction

The Maharashtra government has announced that all future bridge projects in the state will follow eco-friendly and sustainable construction norms. ...

Read More

Supreme Court Seeks Maharashtra’s Response on Pune Road Project

The Supreme Court has sought a response from the Maharashtra government on a petition concerning a major road project in Pune. The plea alleges irr...

Read More

Deputy CM inspects key infrastructure work to ease city traffic flow

Maharashtra Deputy Chief Minister Ajit Pawar recently inspected the ongoing construction work at the Tanpura Bridge project in Pune. The bridge, a ...

Read More

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back