Poging GOUD - Vrij

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

Mint Bangalore

|

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.

MEER VERHALEN VAN Mint Bangalore

Mint Bangalore

Mint Bangalore

Takaichi’s policies will not be Abenomics 2.0: That's alright

Japan does not need another short-lived Abe-style shot of stimulus

time to read

3 mins

October 14, 2025

Mint Bangalore

Your guide to a joyful, guilt-free festive season

Experts share simple tips to help you practise mindful indulgence

time to read

2 mins

October 14, 2025

Mint Bangalore

Direct tax collections grow 6.3% to ₹11.9 tn

The Centre has netted ₹11.89 trillion in corporate and personal income taxes, including securities transaction tax, so far this financial year, showing a 6.3% rise from last year.

time to read

1 min

October 14, 2025

Mint Bangalore

India and Canada to strengthen relations

India and Canada agreed on Monday on a new roadmap for their relations after talks between their foreign ministers in New Delhi, as both countries seek to mend ties strained over the killing of a Canadian Sikh separatist.

time to read

1 min

October 14, 2025

Mint Bangalore

Mint Bangalore

General Atlantic to lead Snapmint round

Consumer lending platform Snapmint is in the process of raising $100 million in a fundraising round led by General Atlantic alongside existing investors including Elev8 Venture Partners and Kae Capital, four people familiar with the matter said.

time to read

1 mins

October 14, 2025

Mint Bangalore

Mint Bangalore

SC dismisses Asian Paints’ plea challenging CCI probe

A setback for Asian Paints Ltd, the Supreme Court on Monday refused to entertain the company’s plea challenging an antitrust investigation launched by the Competition Commission of India (CCI) following a complaint by Grasim Industries’ decorative paints arm, Birla Opus.

time to read

1 min

October 14, 2025

Mint Bangalore

Hamas frees all living Israeli hostages

Hamas freed all 20 remaining living Israeli hostages from the Gaza Strip on Monday morning, following a US-led deal reached late last week.

time to read

2 mins

October 14, 2025

Mint Bangalore

Mint Bangalore

Emirates NBD eyes stake in RBL Bank

Talks between the two picked up after Sumitomo completed the acquisition of 20% in Yes Bank in September.

time to read

3 mins

October 14, 2025

Mint Bangalore

Gold futures hit record ₹1.23L/10g

Gold prices on Monday surged by ₹2,613 to hit a fresh peak of ₹1,23,977 per 10g in the domestic futures trade, buoyed by renewed US-China trade tensions, a prolonged US government shutdown, and growing global economic uncertainty that spurred safe-haven demand.

time to read

1 min

October 14, 2025

Mint Bangalore

Mint Bangalore

Airlines face $11 bn supply chain hit in 2025, Iata says

Global airlines face more than $11 billion in extra costs from supply chain disruption this year, a leading industry group said on Monday, in a report likely to rekindle debate over competition in the $250-billion aerospace industry.

time to read

1 mins

October 14, 2025

Listen

Translate

Share

-
+

Change font size