The deadline for submitting applications is June 30. The selection process for successful bidders must be completed by July 30th.
“IREDA, a PSU under the Ministry of New and Renewable Energies (MNRE), has issued a call for tenders to solar module manufacturers to set up solar manufacturing units under the 4,500 crore PLI program central government, ”said a Ministry of New and Renewable Energy (MNRE) said the statement.
IREDA launched the call for applications on May 25 on its website and the electronic application process was launched on May 31.
Applicants are required to set up a fallow or virgin land manufacturing plant for the full capacity allocated under the scheme.
Applicants are not allowed to set up a mix of brownfield facilities and new facilities as part of the program.
The manufacturing capacity / unit, for which the required capital goods have been imported before the last bid submission date, will not be eligible for participation under this PLI program.
The minimum capacity of the manufacturing unit to be installed must be 1000 megawatts. The LIP will be paid to successful applicants each year for a period of five years.
The addition of solar capacity currently depends largely on imported photovoltaic solar cells and modules, as the domestic industry has limited operational capacities of solar photovoltaic cells and modules, the MNRE said.
The national program on high efficiency photovoltaic solar modules will reduce dependence on imports in a strategic sector like electricity and thus strengthen the “Aatmanirbhar Bharat” initiative, he added.