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

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

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..