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Letters of Award for setting up 39,600 MW Manufacturing Capacity issued under Tranche II of PLI for High Efficiency Solar Panels

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New Delhi, Dec 10: 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 BiddersName of BidderPLI Amount allocated(Rs. Cr.)Manufacturing Capacity(MW)PLI Eligible Capacity (MW)
1Indosol Solar Private Limited330060003000
2Reliance New Solar Energy Limited3098.0460003000
3FS India Solar Ventures Private Limited1177.57334001700
Total7575.613154007700
 
Basket-2 (W+C+M)
Ranking of BiddersName of BidderPLI Amount allocated(Rs. Cr.)Manufacturing Capacity(MW)PLI Eligible Capacity (MW)
1Waaree Energies Limited1923.2460003000
2Avaada Electro Private Limited961.6230001500
3ReNew Photovoltaics Private Limited1538.59248002400
4JSW Renewable Technologies Limited320.541000500
5Grew Energy Private Limited566.7120001000
Total5310.702168008400
 
Basket-3 (C+M)
Ranking of BiddersName of BidderPLI Amount allocated(Rs. Cr.)Manufacturing Capacity(MW)PLI Eligible Capacity (MW)
1VSL Green Power Private Limited528.5424001200
2AMPIN Solar One Private Limited139.721000500
3TP Solar Limited38340002000
Total1051.2674003700
 
Total PLI allocated under PLI Tranche-IIRs. 13937.575 Cr.
Total Manufacturing Capacity allocated under PLI Tranche-II39600 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 R. K. Singh, in a written reply to a question, in Lok Sabha.