IREDA Invites Online Bids to Set up High Efficiency Solar PV Module Manufacturing Units under PLI Scheme

The nodal agency for implementing the government’s Production Linked Incentive (PLI) scheme, Indian Renewable Energy Development Agency Ltd (IREDA) has invited online applications for the selection of manufacturers to set up manufacturing capacities for high-efficiency solar PV modules under the scheme.

The last date for application submission is June 30, 2021.

Further, the manufacturers setting up any solar PV technology-based production facilities will be eligible for applying for the incentive assistance under this scheme, provided the manufacturing capacities it sets up achieves the minimum level of integration of cells and modules, the minimum manufacturing capacity requirements and the minimum threshold module performance parameters of module efficiency and modules’ temperature coefficient of Pmax, as per the scheme guidelines.

However, the manufacturing units which have availed any benefit under the MNRE’s tender (Solar PV manufacturing linked with setting up solar power plant) or SIPS/ M-SIPS programme of Ministry of Electronics & Information Technology (MEITY) will not be eligible for benefits under this programme.

IREDA also suggested that, all interested applicants must necessarily register themselves on the bidding portal for which link will be provided at its website to participate in the selection process under this invitation for applications.

To be eligible, the applicant company may be a single entity or a consortium or a Joint Venture (JV) company. However, an applicant will not be allowed to participate in submission of more than one application.

Although, the applicant company may form a Special Purpose Vehicle (SPV) for setting up of the manufacturing facility after the issue of Letter of Award (LoA) by IREDA. However, such SPV should be formed within 90 days from issue of LoA.