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Cabinet approves Rs 4,500 cr PLI scheme to boost manufacturing of solar PV Modules
New Delhi, Apr 7 (UNI) The Cabinet on Wednesday approved implementation of the Production Linked Incentive (PLI) Scheme National Programme on High Efficiency Solar PV (Photo Voltic) Modules for achieving manufacturing capacity of GW scale in high efficiency solar PV modules with an outlay of Rs 4,500 crore.
The Cabinet, in a meeting chaired by Prime Minister Narendra Modi, approved the the Ministry of New & Renewable Energy s proposal.
After the meeting, Union Minister Piyush Goyal told a press conference here that at present, there is a dependence on imported solar PV cells and modules largely for solar capacity enhancement, as the domestic manufacturing industry has limited operational solar PV cells and modules.