New Delhi: In line with Prime Minister’s announcement at COP26, Ministry of New and Renewable Energy is working towards achieving 500 GW of installed electricity capacity from non-fossil sources by 2030.
So far, a total of 172.72 GW capacity from non-fossil fuel based energy resources has been installed in the country as on 31.10.2022. This includes 119.09 GW Renewable Energy, 46.85 GW Large Hydro and 6.78 GW Nuclear Power capacity.
The Ministry is implementing the Production Linked Incentive (PLI) Scheme for National Programme on High Efficiency Solar PV Modules, for achieving manufacturing capacity of Giga Watt (GW) scale in High Efficiency Solar PV modules with outlay of Rs. 24,000 crore. This Scheme has provision of Production Linked Incentive (PLI) to the selected solar PV module manufacturers for five years post commissioning, on manufacture and sale of High Efficiency Solar PV modules.
The Scheme is being implemented in two tranches.
Under Tranche-I, Letters of Award have been issued to three successful bidders in November / December 2021 for setting up 8737 MW of fully integrated solar PV module manufacturing capacity, which involves setting up of manufacturing units for polysilicon, ingots-wafers, cells and modules.
Under Tranche-II, Scheme Guidelines have been issued on 30.09.2022 and on 18.11.2022, Request for Selection (RfS) has been issued for selection of solar PV module manufacturers for setting up manufacturing capacities for high efficiency solar PV modules in India. The Tranche-II envisages addition of new fully/partially integrated solar PV module manufacturing capacities in the country with an investment of around Rs. 94,000 crore and generate direct employment for around 1,95,000 persons and indirect employment for about 7,80,000 persons.
This information was given by Shri R.K Singh, Union Minister for Power and New and Renewable Energy in a written reply in Lok Sabha today.