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Union Cabinet clears PLI scheme for solar PV modules

New Delhi: The Union cabinet on Wednesday approved a production-linked incentive scheme (PLI) with an expenditure of 4500 million kr. To add 10,000 MW capacity of integrated solar PV manufacturing plants.

Minister of Trade and Industry Piyush Goyal gave details of the PLI scheme ‘National program for high efficiency solar PV modules’ with a layout of 4500 million.

The government said that this decision would add 10,000 MW of capacity to integrated solar power plants and result in direct investment of approximately 17,200 million in solar power generation. According to the government, the PLI scheme is likely to create direct employment of around 30,000 and indirect employment of 1.2 lakh.

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Source: Telangana Today

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