Result of Solar PLI tranche II shows 32% lower response than tranche I

14 Apr 2023 CW Team

“The bid outcome demonstrates the severe competitive disadvantage domestic producers currently face. We anticipate domestic polysilicon and cell capacity to reach only 30 GW and 42 GW, respectively, by December 2026, barely enough to meet domestic demand,” according to Vinay Rustagi, managing director of Bridge To India. This is despite significant trade restrictions and a variety of incentives. Sadly, he continued, both project developers and manufacturers can expect more market uncertainty.

A total of 11 companies received PLI awards totaling $1.7 billion under tranche-II to establish a combined manufacturing capacity of 39.6 GW. According to the consultancy, PLI was given to Reliance and Shirdi Sai for an additional 6 GW of fully integrated capacity each, bringing their combined allocated capacity to 10 GW each, the maximum allowed under the programme. With a 3.4 GW capacity, First Solar is the only other winner in the fully integrated category. In the wafer- module category, there are five winners, including Waaree, ReNew, Avaada, Grew, and JSW, with a combined capacity of 16.8 GW; in the cell-module category, there are three winners, including Tata Power, Vikram, and Amp, with a combined capacity of 7.4 GW.

The consultant noted that it is important to take note of the fact that project developers, who are concerned about the market disruption over the past two years and the strict import barriers, have contributed close to 50% of the PLI bid capacity. These developers are primarily looking to service their captive demand.

Despite being 4.3 times larger, Solar Energy Corporation of India’s (SECI) tranche-II of the production-linked incentive (PLI) scheme received a total response that was 32% lower than tranche- I, according to renewable energy consultancy Bridge To India. “Tranche-II was 4.3 times larger than the first tranche, but in comparison, the overall response was 32% lower. Overall, it received 28% less applications than expected, but the fully integrated category saw the highest shortfall of 37%” according to the news statement. PLI will have a 48 GW manufacturing capacity overall. “The bid outcome demonstrates the severe competitive disadvantage domestic producers currently face. We anticipate domestic polysilicon and cell capacity to reach only 30 GW and 42 GW, respectively, by December 2026, barely enough to meet domestic demand,” according to Vinay Rustagi, managing director of Bridge To India. This is despite significant trade restrictions and a variety of incentives. Sadly, he continued, both project developers and manufacturers can expect more market uncertainty. A total of 11 companies received PLI awards totaling $1.7 billion under tranche-II to establish a combined manufacturing capacity of 39.6 GW. According to the consultancy, PLI was given to Reliance and Shirdi Sai for an additional 6 GW of fully integrated capacity each, bringing their combined allocated capacity to 10 GW each, the maximum allowed under the programme. With a 3.4 GW capacity, First Solar is the only other winner in the fully integrated category. In the wafer- module category, there are five winners, including Waaree, ReNew, Avaada, Grew, and JSW, with a combined capacity of 16.8 GW; in the cell-module category, there are three winners, including Tata Power, Vikram, and Amp, with a combined capacity of 7.4 GW. The consultant noted that it is important to take note of the fact that project developers, who are concerned about the market disruption over the past two years and the strict import barriers, have contributed close to 50% of the PLI bid capacity. These developers are primarily looking to service their captive demand.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Infrastructure Energy

07 Nov 2025

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Equipment

07 Nov 2025

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..