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Over ₹48,000 cr investment, 38,500 jobs generated under solar PLI scheme till June 2025: Govt

Over ₹48,000 cr investment, 38,500 jobs generated under solar PLI scheme till June 2025: Govt

Time of India3 days ago
New Delhi: An investment of approximately ₹48,120 crore and employment generation for around 38,500 persons has been reported under the Production Linked Incentive (PLI) Scheme for
High Efficiency Solar PV Modules
as on June 30, 2025, according to data shared by the successful bidders.
In a written reply to the Lok Sabha, Minister of State for New and Renewable Energy and Power, Shripad Yesso Naik, said the PLI Scheme is designed to promote manufacturing of high-efficiency solar photovoltaic (PV) modules in the country and reduce dependence on imports in the solar energy sector.
The scheme has led to the issuance of Letters of Award for setting up 48,337 MW of fully or partially integrated solar PV module manufacturing capacity.
The incentive amount under the scheme is linked to the local content in solar PV modules manufactured by selected entities. This linkage is aimed at developing a robust solar PV manufacturing ecosystem in the country and supporting production of high-efficiency modules.
The Cabinet, chaired by Prime Minister Narendra Modi, had in September 2022 approved the implementation of Tranche-II of the
National Programme on High Efficiency Solar PV Modules
. The programme includes a financial outlay of ₹19,500 crore to establish gigawatt-scale manufacturing capacity of solar PV modules.
As per the ministry, the outcomes expected from the scheme include the creation of approximately 65,000 MW of annual manufacturing capacity, direct investments of about ₹94,000 crore, and direct employment to 1.95 lakh persons along with indirect employment to 7.8 lakh persons.
The scheme is also expected to support development of components such as EVA, solar glass, and backsheet, and enable import substitution worth ₹1.37 lakh crore. Manufacturers will be selected through a transparent process, and PLI benefits will be disbursed for a period of five years post commissioning of manufacturing plants.
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