4 FAQs about High-efficiency budget scheme for photovoltaic integrated energy storage cabinet

What is the National Programme on high efficiency solar PV modules?

The national programme on High Efficiency Solar PV Modules aims to build an ecosystem for manufacturing of high efficiency solar PV modules in India, and thus reduce import dependence in the area of Renewable Energy. It will strengthen the Atamnirbhar Bharat initiative and generate employment.

Why should we promote manufacturing of high efficiency solar PV modules in India?

To promote manufacturing of high efficiency solar PV modules in India and thus reduce import dependence in the area of Renewable Energy.

What is the financial outlay for 'high efficiency solar PV modules' (Tranche-I)?

The financial outlay for PLI for 'High Efficiency Solar PV Modules' (Tranche-I) is ₹ 4,500 crore.

What are the outcomes/benefits of solar PV scheme?

The outcomes/benefits expected from the scheme are as follows: It is estimated that about 65,000 MW per annum manufacturing capacity of fully and partially integrated, solar PV modules would be installed. The scheme will bring direct investment of around Rs.94,000 crore.

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