Letters of Award for setting up 39,600 MW Manufacturing Capacity issued under Tranche II of PLI for High Efficiency Solar Panels – EQ
In Short : As of my last knowledge update in January 2022, I don’t have specific information about Letters of Award for setting up 39,600 MW manufacturing capacity under Tranche II of the Production Linked Incentive (PLI) scheme for High Efficiency Solar Panels.
In Detail :
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.
