Solar Industry Reacts: PLI Program Good for Large Manufacturers; MSMEs Left Out
The program outlay is too small for multiple players setting up large capacities and has no incentives for smaller manufacturers
June 8, 2021
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India has launched a performance-linked incentive (PLI) program to support vertically integrated, gigawatt-scale manufacturing of high-efficiency solar modules. The implementing agency – the Indian Renewable Energy Development Agency (IREDA), has also invited bids for setting up manufacturing capacities. The program aims to set up large-scale manufacturing with cutting-edge technology, promote an ecosystem for local material supplies, generate employment resulting in self-sufficiency (Atmanirbhar Bharat).