PLI scheme for solar PV to attract Rs 14k cr investment

22 Feb 2021 CW Team

Addressing a webinar on Budget announcements, Prime Minister Narendra Modi said there is a need for reforms that can enable better last-mile connectivity that, in turn, will unlock better reach in installations.

The performance linked incentive (PLI) scheme was introduced by the central government in March last year to boost domestic manufacturing and cut down on import bills. The scheme aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to India, the scheme also aims to encourage local companies to set up or expand existing manufacturing units.

Make in Steel 2021

24 February

Click for event info

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The government is currently looking at a solution for problems related to the financial health of the distribution companies. The Centre is ready to reduce barriers and free the segment from licenses.

Prime Minister Narendra Modi said on Thursday that a policy and a regulatory framework related to distribution companies (discoms) are in the works.

Modi said the Centre is currently looking for solutions to address problems related to electricity supply and the distribution network throughout the country.

During the Budget 2021 session, Finance minister Nirmala Sitharaman had announced that a framework would be put in place to give electricity consumers alternatives to choose from among more than one distribution company. As we have reported, a boost to the PLIs has been in the works for the solar industry with Atmanirbhar.

Image: In November, the government set aside an outlay of Rs 4,500 crore under the PLI scheme for the solar industry.

Also read: A whole new chapter in public funding

Also read: Moving out of China? India among best alternatives

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The production-linked incentive (PLI) scheme for high efficiency solar photovoltaic (PV) modules will lead to investments of over Rs 14,000 crore to create a manufacturing capacity of 10,000 MW. As per the PLI outlay, the government will commit to invest Rs 4,500 crore with an intention to boost domestic manufacturing and help enhance demand in such components as EVA, solar glass, backsheet, and junction boxes. Addressing a webinar on Budget announcements, Prime Minister Narendra Modi said there is a need for reforms that can enable better last-mile connectivity that, in turn, will unlock better reach in installations. The performance linked incentive (PLI) scheme was introduced by the central government in March last year to boost domestic manufacturing and cut down on import bills. The scheme aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to India, the scheme also aims to encourage local companies to set up or expand existing manufacturing units.Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event info The government is currently looking at a solution for problems related to the financial health of the distribution companies. The Centre is ready to reduce barriers and free the segment from licenses.Prime Minister Narendra Modi said on Thursday that a policy and a regulatory framework related to distribution companies (discoms) are in the works. Modi said the Centre is currently looking for solutions to address problems related to electricity supply and the distribution network throughout the country. During the Budget 2021 session, Finance minister Nirmala Sitharaman had announced that a framework would be put in place to give electricity consumers alternatives to choose from among more than one distribution company. As we have reported, a boost to the PLIs has been in the works for the solar industry with Atmanirbhar.Image: In November, the government set aside an outlay of Rs 4,500 crore under the PLI scheme for the solar industry. Also read: A whole new chapter in public funding Also read: Moving out of China? India among best alternatives

Real Estate

04 Sep 2025

Mumbai Records 11,230 Property Deals in August 2025

Mumbai’s property market remained resilient in August 2025, with 11,230 property registrations recorded under the Brihanmumbai Municipal Corporation (BMC) jurisdiction, according to data released by Knight Frank India. While this marks a 3 per cent year-on-year (YoY) decline compared to 11,631 registrations in August 2024, activity stayed robust despite the marginal dip.On a month-on-month (MoM) basis, registrations fell 11 per cent from 12,579 deals in July 2025, indicating seasonal moderation. However, the city’s stamp duty collections still reached Rs 10 billion, reflecting a 6 per cent..

Infrastructure Transport

04 Sep 2025

68 Jammu-Katra Trains Cancelled Amid Rain Damage

Jammu and Katra railway services remain severely affected as Northern Railway announced the cancellation of 68 trains—both incoming and outgoing—until 30 September, due to extensive track damage caused by heavy rains and flash floods. Meanwhile, 24 trains are scheduled to resume operations gradually.The Jammu railway division has experienced a complete halt in services for the past eight days, following track misalignment and breaches at several points along the Pathankot–Jammu section. Torrential rainfall since 26 August led to widespread flooding and damage, stranding hundreds of passe..

Infrastructure Transport

04 Sep 2025

Bangalore Metro MD Reviews Reach 6 and Phase 2A Progress

Bangalore Metro Rail Corporation Limited (BMRCL) Managing Director, Dr J Ravishankar, IAS, conducted inspections of key metro corridors on 29 and 30 August, reviewing the progress of Reach 6 (Pink Line) and Phase 2A (Blue Line).On 30 August, the inspection covered Reach 6, a 21.39-km corridor stretching from Kalena Agrahara to Nagawara, with 18 stations. This stretch is part of Phase 2 of the Bangalore Metro project. Dr Ravishankar assessed the status of civil works, finishing, track laying, and system integration between Kalena Agrahara and MG Road.Earlier, on 29 August, the MD inspected Phas..