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PLI Scheme for Solar PV Modules Attracts ₹48,120 Cr Investment, Generates 38,500 Jobs

India’s Production Linked Incentive (PLI) Scheme for high-efficiency solar photovoltaic (PV) modules has attracted investment commitments of approximately ₹48,120 crore and generated around 38,500 direct jobs as of June 30, 2025, the government informed the Lok Sabha.


In a written reply, Minister of State for New and Renewable Energy and Power Shripad Yesso Naik stated that the scheme aims to scale up domestic manufacturing, reduce import dependence, and create employment across the clean energy sector. Letters of Award (LoAs) have been issued for 48,337 MW of module manufacturing capacity—8,737 MW under Tranche-I and 39,600 MW under Tranche-II.

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Launched in April 2021 with an initial outlay of ₹4,500 crore, the PLI scheme was significantly expanded in September 2022, with the Union Cabinet approving an additional ₹19,500 crore under Tranche-II. The revised phase targets up to 65 GW of new annual manufacturing capacity.

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The government anticipates total investments of ₹94,000 crore, the creation of 1.95 lakh direct jobs, and 7.8 lakh indirect jobs through the scheme. The incentives are tied to local content, encouraging the development of an integrated domestic supply chain including EVA films, solar glass, and backsheets.

The initiative forms a crucial pillar of India’s clean energy transition and aims to reduce reliance on imported solar equipment, particularly from China.


AK
Written by

Abhineet kumar

Elets News Network reports on governance, public policy and digital government across India.

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