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Cabinet okays scheme to boost solar equipment manufacturing

The Central govt on Wednesday approved a Rs 4,500 crore production-linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules.

The PLI scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.

The PLI scheme is likely to create direct employment of around 30,000 and indirect employment of 1.2 lakh.

 

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