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MNRE Notifies Production Linked Incentives Scheme

MNRE has notified the much awaited guidelines for Production Linked Incentive Scheme which was approved by Cabinet earlier this month. This Scheme aims at providing 4500 crores of incentives for high efficiency solar manufacturing in India. Read More

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MNRE spells out the rules for its production-linked incentive scheme

Solar manufacturers who wish to apply for state cash to set up production lines must meet minimum requirements for manufacturing scale and module efficiency, and must produce at least solar cells and modules to be shortlisted. They will then bid for the amount of incentives they want over a five-year period, with extra weight given to applicants who will manufacture more of the supply chain, from polysilicon downwards.Read More

MNRE announces guidelines for production-linked incentive scheme

The Cabinet had last year approved and allocated an amount of Rs 4,500 crore to be spent over a period of five years under the schemeRead More