PRODUCT
Manufacturers will also have to fulfil the following minimum performance parameters:
Minimum module efficiency of 19.50% with a temperature coefficient of Pmax better than -0.30% per degree Celsius
Or
Minimum module efficiency of 20% with a temperature coefficient of Pmax equal to or better than - 0.40% per degree Celsius
ELIGIBILITY
Applicant manufacturer will have to undertake to set up a manufacturing plant of minimum 1,000 MW capacity (1,000 MW each for all individual stages included in the manufacturer’s proposal).
Assigned marks, for determining their inter-se position as per the following selection criteria table:
SELECTION CRITERIA | ​ | ​ | |
Parameter | Stages of manufacturing | Marks | Max Marks |
1. Extent of Integration | Stage-1: Manufacturing of Polysilicon from outsourced (imported/domestic) M.G. Silica + Stage-2: Manufacturing of Ingots-Wafers from Stage-1 Polysilicon + Stage-3: Manufacturing of solar cells from Stage-2 Wafers + Stage-4: Manufacturing of Modules from Stage-3 Solar Cells or Fully integrated manufacturing of Thin Film plant or fully integrated plant of any other technology | 50 | 50 |
​ | Stage-2: Manufacturing of Ingots-Wafers from outsourced Polysilicon + Stage-3: Manufacturing of solar cells from Stage-2 Wafers + Stage-4: Manufacturing of Modules from Stage-3 Solar Cells or similar level of integration of any other technology | 35 | ​ |
​ | Stage-3: Manufacturing of solar cells from outsourced Wafers + Stage-4: Manufacturing of Modules from Stage-3 Solar Cells or similar level of integration of any other technology | 20 | ​ |
2. Manufacturing Capacity (in MW) | 4,000 MW & above 3,500 MW and above but less than 4,000 MW 3,000 MW and above but less than 3,500 MW 2,500 MW and above but less than 3,000 MW 2,000 MW and above but less than 2,500 MW 1,500 MW and above but less than 2,000 MW 1,000 MW and above but less than 1,500 MW | 50 45 40 35 30 25 20 | 50 |
INCENTIVE
PLI will be calculated as per following formula:
PLI (₹) to manufacturers = Sales Volume (Wp) × Base PLI Rate (₹/Wp as per position in Performance Matrix) × Tapering Factor (1.4, 1.2, 1, 0.8, 0.6 for 1st, 2nd, 3rd, 4th & 5th year respectively) × Local Value Addition expressed in fraction of one.
At the time of bidding, the bidders will also have to submit the quantum of total PLI required for the five year period post commissioning of the manufacturing unit. They will calculate PLI requirement for each individual year, based on the estimated values of the parameters in the formula above.
On the basis of module efficiency and module’s temperature co-efficient of Pmax (hereinafter also referred to as module’s temperature co-efficient), ‘Base PLI rate’ will be
determined in ₹/Watt peak (₹/Wp) as per the Performance Matrix Table given below:
Module’s Temperature Coefficient of Pmax* (in % per degree Celsius)↓ | Module Efficiency (%) → Base PLI Rate (₹/ Wp) ** | < 19.50% | =>19.50% but < 20% | =>20% and <= 21.5% | > 21.5% & <= 23% | Above 23% |
​ | ​Position | ​ | W | X | Y | Z |
Worse than -0.40 | ​ | 0 | 0 | 0 | 0 | 0 |
-0.40 to -0.30 | A | 0 | 0 | 2.5 | 3 | 3.5 |
Better than -0.30 | B | 0 | 2.25 | 2.75 | 3.25 | 3.75 |
* Pmax = Maximum Power at Standard Test Conditions (STC), i.e. Irradiance 1000 W/m², cell
temperature 25°C, air mass (AM)= 1.5; Module’s temperature coefficient refers to percentage change in Pmax per degree Celsius rise in temperature
** Increase in the Base PLI Rate (₹/Wp) of ₹0.25/Wp for different module efficiency has been kept to motivate and incentivize manufacturers for producing higher efficiency module which requires higher investment for R&D.
In order to give a signal to solar PV manufacturing industry that they will need to be competitive after five years, the PLI rate (₹/Wp) will be higher in the beginning and lower
towards the end of five-year period. To achieve the objective of tapering down the PLI rate (in ₹/Wp), the PLI rate (₹/Wp) will be multiplied by a tapering factor of 1.4 for the 1st year of the five year PLI disbursement period followed by a tapering factor of 1.2, 1.0, 0.8 and 0.6 for the 2nd, 3rd, 4th and 5th year of the PLI disbursement period respectively.
BENEFICIARIES AND WAITING LIST
Jindal India Solar Energy Limited (removed later)
Shirdi Sai Electricals Limited
Reliance New Energy Solar Limited
Adani Infrastructure Private Limited
FS India Solar Venture Private Limited
Coal India Limited
Larsen and Toubro Limited
Renew Solar (Shakti Four) Private Limited
Tata Power Solar System Ltd
Waaree Energies Ltd
Vikram Solar Limited
Avaada Venture Private Limited
Megha Engineering and Infrastructures Limited
Premier Energies Ltd
ACME Eco Clean Energy Private Limited
Emmvee Photovoltaic Power Private Limited
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