Question: Which of the following statements regarding National Programme on High Efficiency Solar PV Modules are correct?
a) National Programme on High Efficiency Solar PV Modules is a production linked incentive scheme (PLI) in Renewable energy sector.
b) It has an outlay of Rs 4500 crore.
c) PLI will be disbursed for 5 years post commissioning of solar PV manufacturing plants, on sales of high efficiency solar PV modules.
d) All of the above
Ans: d
Context
- Government has recently approved the Ministry of New & Renewable Energy’s proposal for implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High Efficiency Solar PV (Photo Voltic) Modules’.
Facts
- The programme aims to achieve manufacturing capacity in Giga Watt scale in high efficiency solar PV modules with a total outlay of Rs 4,500 crores.
- Currently solar capacity addition in the country largely depends on imported solar PV panels. This scheme aims to reduce import dependence in a strategic sector like electricity.
- The programme aims to bring additional 10,000 MW capacity of integrated solar PV manufacturing units in India.
- It will bring in direct investment of Rs 17,200 crores in solar Photo Voltaic manufacturing projects.
- It will also bring indirect employment of 1,20,00 and direct employment of 30,000.
- It will stimulate research and development that will achieve higher efficiency in solar PV modules.
By kameshwar shukla
Reference: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1710114