The Indian government’s production-linked incentives (PLI) scheme for gigawatt-scale manufacturing of high-efficiency solar modules has received bids for 54.8 GW of capacity. These bids were both from existing manufacturers and new players; out of the total 18 bidders, nine are new to solar manufacturing.
Adani Infrastructure, Jindal India Solar, Reliance New Energy, and Shirdi Sai Electricals were the highest scorers in the shortlist with each of them winning 100 marks. This was linked to the fact that they proposed a full integration up to polysilicon manufacturing stage and a maximum capacity of 4 GW. USA-based thin-film module First Solar recorded 90 marks. Other players in the shortlist include, Coal India Limited, CubicPV, Larsen and Toubro, and ReNew Power, which submitted bids for module fabs integrated up to ingots-wafers manufacturing from outsourced polysilicon. Further, Avaada Energy, Acme Solar, Emmvee PV, Jupiter Solar, Megha Engineering, Premier Energies, Tata Power Solar, Vikram Solar, and Waaree Energies bid for cell and module manufacturing.
The shortlisted applicants will now lodge bids based on the extent of PLI funding required for the five years after their proposed factories are commissioned. The maximum incentive offered to a single manufacturer will be tied to 2 GW of its annual production capacity or half of the planned output of its facility, whichever is lower.