India’s solar manufacturing capacity is expanding with Make in India
By EPR Magazine Editorial September 29, 2022 7:01 pm IST
By EPR Magazine Editorial September 29, 2022 7:01 pm IST
The Union Ministry has approved the Production Linked Incentive (PLI) Scheme on highly efficient Solar PV modules for achieving manufacturing capacity on a Giga Watt (GW) scale. The government has approved a grant worth 19,500 crores for domestic manufacturing.
This announcement of the PLI scheme is a boon to the solar manufacturing industry in India to form giga factories with a clear focus on manufacturing high-efficiency solar PV modules. India is a nation that has resolved not to compromise on its energy security, keeping in view the high strain on the overall global food and energy value chain due to climate change and very recent geo-political tension in Europe/ USA and Russia/China. Upscaling the domestic capacity is quintessential for a resilient and self-sufficient India. In alignment with the Honourable Prime Minister’s vision, it has been our priority and commitment to contribute towards build-ing an Aatmanirbhar Bharat as far as India’s solar module and cell manufacturing is concerned.
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