DAILY NEWS ANALYSIS

GS-II : Government policies and interventions Government Schemes & Programmes

04 April, 2021
5 Min Read

PLI scheme: 'National Programme on High Efficiency Solar PV Modules'

PLI scheme: 'National Programme on High-Efficiency Solar PV Modules

The Cabinet has approved the Ministry of New & Renewable Energy's proposal for the implementation of the Production Linked Incentive (PLI) Scheme 'National Programme on High-Efficiency Solar PV (Photo Voltic) Modules' for achieving manufacturing capacity of Giga Watt (GW) scale in high-efficiency solar PV modules with an outlay of Rs.4,500 crore.

Analysis of PLI Scheme on Solar PV Modules

Solar capacity addition presently depends largely upon imported solar PV cells and modules as the domestic manufacturing industry has limited operational capacities of solar PV cells and modules.
The National Programme on High-Efficiency Solar PV Modules will reduce import dependence in a strategic sector like electricity.
It will also support the Atmanirbhar Bharat initiative.
Solar PV manufacturers will be selected through a transparent competitive bidding process.
PLI will be disbursed for 5 years post commissioning of solar PV manufacturing plants, on sales of high-efficiency solar PV modules.
Manufacturers will be rewarded for higher efficiencies of solar PV modules and also for sourcing their material from the domestic market.
Thus, the PLI amount will increase with increased module efficiency and increased local value addition.

The outcomes/ benefits expected from the scheme are as follows:

Additional 10,000 MW capacity of integrated solar PV manufacturing plants,
Direct investment of around Rs.17,200 crore in solar PV manufacturing projects
The demand of Rs.17,500 crore over 5 years for 'Balance of Materials',
Direct employment of about 30,000 and Indirect employment of about1,20,000 persons,
Import substitution of around Rs.17,500 crore every year, and
The impetus to Research & Development to achieve higher efficiency in solar PV modules.

Source: PIB

Join Our Telegram

Voice clone-AI

Pradhan Mantri Suryodaya Yojana

06 Feb, 24
SHARE

Recently, Prime Minister announced Pradhan Mantri Suryodaya Yojana under which 1 crore households will get rooftop solar power systems. India’s Status of Current Solar Capacity India currently stands at 4th place globally in solar power capacity. As per Ministry of New an

Foreign Contribution Regulation Act (FCRA)- NGO

06 Feb, 24
SHARE

The Foreign Contribution Regulation Act, 2010 (FCRA) registration of two prominent non-governmental organisations (NGOs) — Centre for Policy Research (CPR) and World Vision India (WVI) have been cancelled this month. What is FCRA? Key provisions of FCRA, 2010 Key aspects Description

Voice clone-AI

06 Feb, 24
SHARE

Voice clone fraud has been on the rise in India. AI voice cloning – It is the process of creating a synthetic replica of a person’s voice through machine learning and speech synthesis technology.It is called as voice deepfakesor audio deepfakes. Objective – To achieve a high level of na

Science communication- how to promote

06 Feb, 24
SHARE

Steps taken by India to promote Science Communication Publications and Information Directorate (PID) - An organisation under Council of Science and Industrial Research (CSIR) established in 1951 for publishing and disseminating scientific information in India. National science magazines- The PI

Universal Basic Income (UBI)- Analysis

05 Feb, 24
SHARE

Universal Basic Income (UBI) can strengthen welfare architecture and unlock the nation’s latent demographic potential. UBI - It is an income support mechanism typically intended to reach all or a very large portion of the population regardless of their earnings or employment status. Objective- To provide enough to co

Quick Links Testimonials FAQ

Crash Course

Regular Modules 2024

Mains

Optional

PLI scheme: 'National Programme on High Efficiency Solar PV Modules'

PLI scheme: 'National Programme on High-Efficiency Solar PV Modules

Pradhan Mantri Suryodaya Yojana

Foreign Contribution Regulation Act (FCRA)- NGO

Voice clone-AI

Science communication- how to promote

Universal Basic Income (UBI)- Analysis

DNA

06 Feb,2024

GS-III

PT Pickups

Toppers

Search By Date

Top Editorials

UPSC Courses

Saarthi Mentorship Programme

Important Tags

Articles:Geography And Environment

Articles: History Culture Society

Articles: Governance & National Issues

Articles: IR & IO

Articles: Economic Development & Economic Issues

Articles: S&T Internal Security

Articles: Ethics & Others

Articles: Others

Newsletter Subscription

SMS Alerts

Important Links