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Government plans subsidy scheme for polysilicon manufacturing

The Ministry of New and Renewable Energy indicates a subsidy plan to boost polysilicon production, aiming to add 30 GW capacity for energy security and manufacturing resilience.

Methly Agarwal - - 1 min read
Government plans subsidy scheme for polysilicon manufacturing
AI Generated | MinuteBrief Team

The Government of India is developing an additional subsidy scheme to boost domestic polysilicon manufacturing, aiming to add 30 GW of capacity by 2030.

The Ministry of New and Renewable Energy (MNRE) is spearheading this initiative to strengthen India’s solar manufacturing ecosystem and reduce reliance on imported critical materials. MNRE Secretary Santosh Sarangi highlighted that polysilicon is a key input for producing solar cells and modules, making adequate domestic capacity essential for a resilient renewable energy supply chain.

He also noted that setting up a polysilicon plant along with metallurgical-grade silicon requires an investment of around ₹850 crore per 1 GW of capacity. Given the substantial capital needed, the government is considering additional financial support to make such investments more feasible for manufacturers. The proposed subsidy aims to encourage new production facilities, enhance domestic manufacturing capabilities, and bolster India’s long-term energy security and self-reliance in the solar sector. Details of the subsidy structure are yet to be finalized.

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