India photovoltaic panel manufacturing tender

Where are solar panels manufactured in India?

More than half of India’s solar cell manufacturing units and about 40% of solar panel manufacturing units are situated in SEZs. SEZ PV products would become even more expensive than during the duty-free period.

Does India have a manufacturing capacity for photovoltaic (PV)?

There is no existing manufacturing capacity in India for the initial stages of the photovoltaic (PV) value chain, namely from polysilicon to wafer. For these raw materials, Indian solar manufacturers are still dependent on imports, mainly from China. Prolonged dependence on the imports raises the severity of the associated risks.

Why is India a laggard in solar PV technology adoption?

India has been a laggard in solar PV technology adoption. In the world’s major solar markets, mono-Si is ubiquitous yet the Indian solar manufacturing industry has still not caught up, majorly producing cheaper multi-Si modules, primarily due to the domestic market’s price-sensitive nature.

Which Indian conglomerates will enter solar manufacturing business?

Numerous Indian conglomerates are also expected to enter the solar manufacturing business. Reliance, Jindal Power and Shirdi Sai Electricals were declared the winners in the first tranche of the PLI scheme and combined are looking to set up about 12GW of integrated manufacturing.