Financial Insights

Adani, Tata Power, ReNew Benefit: Solar PLI spending has increased to an initial spending of Rs 19,500.

Solar PLI Outlay will likely to be hiked to Rs 19500 Cr.

Total 15 Co.’s will get incentives offered under the PLI scheme for solar manufacturing as scope of scheme is set to widen. Current Solar manufacturing is 13000 MW and sectors dependent on imports for inputs is 80%.

Solar manufacturing commitment is expected to increase to 54809 MW if additional funding is provided.

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