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Another PLI hits the Chinese wall: India mulls solar module dates

Mint New Delhi

|

June 02, 2025

The government is considering extending the deadline for completion of projects under the Production Linked Incentive (PLI) scheme for solar modules and their parts, said four people in the know of the development, amid delays in technology sourcing and component supply from China.

- Rituraj Baruah

The ₹19,500 crore scheme for fully and partially integrated solar PV module manufacturing has scheduled commissioning dates from October 2024 to April 2026. Data from the ministry of new and renewable energy showed that around 17.5 GW of module manufacturing capacity had been completed by First Solar, Avaada, Grew, Tata Power Solar and Indosol, out of the awarded 48.3 GW awarded to several firms.

Of the 44.9 GW cell manufacturing capacity awarded to several companies, only 6 GW has been completed by Tata Power Solar and ReNew.

In ingot and wafer manufacturing, only 2 GW capacity has been completed by Adani Group, out of the overall 37.5 GW awarded capacity.

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What do festive sales say about e-commerce?

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REPO RATE CUTS ARE LOST IN TRANSMISSION

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Fabindia sued by subsidiary founders over exit clause

The co-founders of Fabindia Ltd's personal care subsidiary, Biome Life Sciences India Pvt. Ltd, have sued the apparel retailer in the Delhi high court, seeking to enforce an exit clause they say value their shares at ₹196.16 crore.

time to read

3 mins

September 29, 2025

Mint New Delhi

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US senators mount scrutiny on IT cos

Even as US president Donald Trump's steep hike in H-1B visa fee threatens to hit Indian software services providers, US lawmakers and agencies have separately intensified scrutiny of the offshoring sector.

time to read

3 mins

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A plan to hunt down digital arrest crooks takes shape

To crack down on surging online financial frauds such as 'digital arrests', a parliamentary panel has recommended that banks use government-issued IDs to trace, freeze and blacklist mule accounts siphoning crores of rupees. Experts call it a crucial first step, but banks warn implementation will be difficult.

time to read

3 mins

September 26, 2025

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Why this is the toughest test yet for Indian shrimp

As if the 50% tariff imposed by the US was not debilitating enough, Indian shrimp exporters are staring at an additional anti-dumping duty of as much as 40%. How will this impact exporters and the 16 million people dependent on the seafood sector? Mint explains:

time to read

2 mins

September 26, 2025

Mint New Delhi

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HI-B crisis sparks legal scramble for new HR solutions

Law firms and corporations are racing to tackle the human resources impact of the vexed H-1B matter, after US President Donald Trump's latest immigration crackdown threw India's $283 billion IT sector into turmoil.

time to read

3 mins

September 26, 2025

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CAFE-3 pitches big relief for small cars

Lower fleet-wise emissions for small cars in latest BEE draft

time to read

4 mins

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