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India Plans New Scheme to Boost Domestic Polysilicon Manufacturing

India Plans New Scheme to Boost Domestic Polysilicon Manufacturing
Govt plans new scheme to support domestic manufacturing of polysilicon · livemint.com

The Indian government wants more solar equipment to be made inside India.

One important material is polysilicon, which is used to make parts for solar panels.

Officials say India may need 30GW of polysilicon-making capacity by 2030.

Building this capacity could attract about ₹25,000 crore in investment.

An existing government incentive program mainly supports solar cells and modules.

The government is considering another program for wafers and ingots.

This plan is meant to reduce dependence on imports, especially from China.

India also expects to invest heavily in clean energy as it works toward its climate goals.

Key facts

Target polysilicon capacity
At least 30GW by 2030
Estimated investment potential
₹25,000 crore
Current solar module capacity
More than 200GW
Current solar cell capacity
Around 30GW
India’s non-fossil capacity goal
500GW, including about 300GW of solar
Energy-transition investment need
About $500 billion by the end of this decade
Net-zero investment estimate
Approximately $13 trillion to reach net-zero emissions by 2070

Quotes

Santosh Kumar Sarangi

Secretary of India’s Union Ministry of New and Renewable Energy

“To ensure India's energy security and ensure that India's manufacturing resilience is maintained, any capacity of 30GW and above should be good for the Indian context. So, we would look at at least 30GW of capacity addition by 2030,”
livemint.com

Sources

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