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LoA Issued for 48.3 GW Integrated Solar PV Module Manufacturing Capacity under PLI

The government has reportedly launched PLI Scheme for high efficiency solar PV modules, for achieving manufacturing capacity of Gigawatt (GW) scale in high efficiency solar PV modules.

December 26, 2023. By Anurima Mondal

Under Production Linked Incentive (PLI) Scheme, Letters of Award have been issued for setting up around 48.3 GW of fully or partially integrated solar PV module manufacturing capacity in the country, as announced by Power Minister RK Singh. The government has reportedly launched PLI Scheme for high efficiency solar PV modules, for achieving manufacturing capacity of Gigawatt (GW) scale in high efficiency solar PV modules.

The Minister further announced that as on November 30, 2023, solar capacity of around 72.31 GW has been installed in the country including 58.53 GW from ground-mounted solar projects, 11.08 GW from rooftop solar capacity, and 2.70 GW from off-grid solar capacity in the country.

Solar thermal collector area of around 11 million square meters was installed till 2016-17 and since then it has been implemented in market mode without any financial support from the government.

The domestic solar PV module manufacturing capacity in the country, as currently enlisted in MNRE’s Approved List of Models and Manufacturers (ALMM), is around 22 GW per annum.

Power Minister has informed that India has been consistently ranked among the top four countries in terms of renewable energy capacity. The government has undertaken several major initiatives that have led expansion of renewable energy capacity and optimum utilisation of renewable energy potential.

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