PLI Scheme for High Efficiency Modules a Positive for Domestic OEMs

Saur Energy | May 4, 2021 at 6:01 AM
  • The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector.
  • The bidders shall be ranked based on the extent of backward integration and proposed manufacturing capacity and then selected based on the PLI requirement quoted for the five-year period.
  • The PLI payable to manufacturers will be computed based on the volume of module sales, the base PLI rate subject to meeting the technical performance criteria, the tapering factor and the local value addition.