The selection process for the successful bidders is to be completed by July 30
The Indian Renewable Energy Development Agency Limited invited bids to set up solar manufacturing units under the government's Rs 4,500-crore production linked incentive (PLI) scheme. According to a statement released by the Ministry of New and Renewable Energy on Friday, June 11, the government has appointed the PSU as the implementing agency for the scheme. Earlier, the government had approved the Rs. 4,500 crore scheme to boost domestic manufacturing of solar photovoltaic or PV modules. (Also Read: Cabinet Approves ₹ 4,500 Crore PLI Scheme To Boost Solar Equipment Manufacturing )
According to the statement, the last date for submitting the application is June 30, 2021. The selection process for the successful bidders is to be completed by July 30, said the ministry. Indian Renewable Energy Development Agency or IREDA had floated the invitation for the application document on May 25 and the electronic application process went live on May 31.
