The government will soon enhance the funding under PLI scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore The government will soon enhance the funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to […]
Breaking News : Bids Put in IREDA PLI Scheme for Integrated Solar Manufacturing in India
Breaking News : Bids Put in IREDA PLI Scheme for Integrated Solar Manufacturing in India
VE Commercial Vehicles plans to tap auto PLI via electric vehicle route – EQ Mag Pro
Last week, the government had cleared the PLI scheme for the auto industry with an outlay of Rs 25,938 crore, slashed from the initial outlay of Rs 57,042 crore. VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, will be keen to take advantage of the productivity linked incentive (PLI) for […]
Cabinet clears Rs 25,938 crore PLI scheme: Boost to EVs, hydrogen fuel cell vehicle manufacturing – EQ Mag Pro
Auto companies that invest Rs 2,000 crore for four-wheelers and Rs 1,000 crore for two-wheelers over five years will be eligible for the new PLI scheme. The government has cleared Rs 25,938 crore worth new production-linked incentive (PLI) scheme for the auto sector. This is done primarily to boost the production of electric vehicles and […]
PLI scheme for auto sector to help attract Tesla to set up manufacturing base in India: Pandey – EQ Mag Pro
New Delhi: Heavy Industries Minister Mahendra Nath Pandey on Thursday expressed hope that the production linked incentive (PLI) scheme for the auto sector will help to attract US electric car major Tesla to set up a manufacturing base in India. The Union Cabinet on September 15 approved a 25,938-crore PLI scheme for the auto sector […]
Green hydrogen: PLI scheme for electrolyser manufacturing on the cards, says Union power minister RK Singh – EQ Mag Pro
As FE reported earlier, the government intends to put green hydrogen consumption obligations on fertiliser producers and petroleum refiners to create a hydrogen value-chain in the country and bring down the costs of hydrogen production. To expedite the uptake of green hydrogen, the government will come up with a production linked incentive (PLI) scheme for […]
CubicPV Plans $1.1 Billion Investment in Solar Wafer, Cells Manufacturing Under PLI Scheme
The company is in talks with the Indian government to participate in the performance linked incentives (PLI) scheme for solar equipment manufacturers, Frank Van Mierlo, CEO of CubicPV, told FE. Bill Gates-backed solar components manufacturer CubicPV (earlier 1366 Technologies) plans to invest $1.1 billion to set up 10 GW solar wafer and cells manufacturing capacity […]
Implementation of Market Based Economic Dispatch (MBED): EQ’s Webinar
EQ hosted a webinar on ‘Implementation of Market Based Economic Dispatch (MBED)’ on June 25, 2021. The speaker shared their insights on the topic and discussed its benefits, challenges and concerns for the solar industry. The panellists included Dr A.K Jain, Vice chairman, IDANZ and Former MD, REIL; Sandeep Narang, Director, Ernst & Young LLP; […]
PLI Scheme For National Programme on Advanced Chemistry Cell Battery Storage: EQ’s Webinar
EQ presented a webinar on ‘PLI Scheme for National Programme on Advanced Chemistry Cell Battery Storage’ on June 22, 2021 at IST 04:00. Anil Srivastava Former Principal Adviser and Director General, NITI Aayog participated as keynote speaker in the webinar. Dr. Rashi Gupta, Director of Vision Mechatronics, moderated the session. The other speakers in the […]
Industry Association Seeks PLI Scheme For Solar Thermal Manufacturing
India is amongst the top 5 global solar thermal markets since the last decade as per study undertaken by the International Energy Agency Task Force on Solar Thermal. It has already showcased success for heating applications in multiple industry segments requiring heat up to 150 deg.C and is unique achievement by any country in the […]