The IPL diet on high-efficiency solar photovoltaic modules aims to achieve gigawatt (GW) scale manufacturing capacity of high-efficiency solar photovoltaic modules.
The move aims to create an ecosystem for manufacturing high-efficiency solar PV modules, Union Minister Anurag Thakur told a press conference.
Under the project, approximately 65,000 MW per year of manufacturing capacity for fully and partially integrated solar photovoltaic modules will be installed. A grant worth Rs 19,500 crore has been passed by the government.
Sterling and Wilson gained up to 4% to hit the daily high of Rs 332.95 and Borosil Renewables rose 6% to hit the daily high of Rs 616.65 per share. Meanwhile, the benchmarks traded lower with Nifty down 0.5% at 17.61.
Wealth Mills Securities equity strategist Kranthi Bathini said the PLI program can be a game-changer for the entire renewable energy space.
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