Ministry of New and Renewable Energy
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Letters of Award for setting up 39,600 MW Manufacturing Capacity issued under Tranche II of PLI for High Efficiency Solar Panels: Union Power and New & Renewable Energy Minister

Posted On: 07 DEC 2023 8:39PM by PIB Delhi

The Union Minister for New & Renewable Energy and Power has informed that Under Tranche-II of Production-Linked Incentive (PLI) scheme for High Efficiency Solar PV modules, with an outlay of Rs. 19,500 crore, Letters of Award have been issued in April, 2023 for setting up of 39,600 MW of fully/ partially integrated solar PV module manufacturing units. The details of capacities awarded under Tranche-II of PLI Scheme for High Efficiency Solar PV modules are given below.

The details of capacities awarded under Tranche-II of PLI Scheme for High Efficiency Solar PV modules

Basket-1 (P+W+C+M)

Ranking of Bidders

Name of Bidder

PLI Amount allocated

(Rs. Cr.)

Manufacturing Capacity

(MW)

PLI Eligible Capacity (MW)

1

Indosol Solar Private Limited

3300

6000

3000

2

Reliance New Solar Energy Limited

3098.04

6000

3000

3

FS India Solar Ventures Private Limited

1177.573

3400

1700

Total

7575.613

15400

7700

 

Basket-2 (W+C+M)

Ranking of Bidders

Name of Bidder

PLI Amount allocated

(Rs. Cr.)

Manufacturing Capacity

(MW)

PLI Eligible Capacity (MW)

1

Waaree Energies Limited

1923.24

6000

3000

2

Avaada Electro Private Limited

961.62

3000

1500

3

ReNew Photovoltaics Private Limited

1538.592

4800

2400

4

JSW Renewable Technologies Limited

320.54

1000

500

5

Grew Energy Private Limited

566.71

2000

1000

Total

5310.702

16800

8400

 

Basket-3 (C+M)

Ranking of Bidders

Name of Bidder

PLI Amount allocated

(Rs. Cr.)

Manufacturing Capacity

(MW)

PLI Eligible Capacity (MW)

1

VSL Green Power Private Limited

528.54

2400

1200

2

AMPIN Solar One Private Limited

139.72

1000

500

3

TP Solar Limited

383

4000

2000

Total

1051.26

7400

3700

 

Total PLI allocated under PLI Tranche-II

Rs. 13937.575 Cr.

Total Manufacturing Capacity allocated under PLI Tranche-II

39600 MW

 

Note: P+W+C+M: Manufacturing of Polysilicon + Ingots-Wafers + Solar Cells + Modules

or Fully integrated manufacturing of Thin Film plant

or Fully integrated plant of any other technology

W+C+M:     Manufacturing of Ingots-Wafers + Solar Cells + Modules

 or similar level of integration of any other technology

C+M:         Manufacturing of Ingots-Wafers + Solar Cells + Modules

or similar level of integration of any other technology

The manufacturing units sanctioned under PLI scheme for High Efficiency Solar PV modules will be eligible for getting PLI on annual basis on manufacture and sale of High Efficiency Solar PV modules for 5 years from the actual date of commissioning or scheduled commissioning date, whichever is earlier.

This information has been given by the Union Minister for New & Renewable Energy and Power Shri R. K. Singh, in a written reply to a question, in Lok Sabha on December 7, 2023.

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PIB DELHI | Alok Mishra / Dheep Joy Mampilly



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