New Delhi, Sept. 24 -- The government is working on a new incentive scheme to boost production of wafers and ingots, key sub-components that go into making solar photovoltaic (PV) modules, amid choked supplies from China, three people with knowledge of the matter said.

The Union ministry of new and renewable energy (MNRE) is likely to spend an unused sum of around Rs.5,500 crore from an existing incentive scheme for solar module manufacturing, to boost production of these key inputs, they added, requesting anonymity.

In April 2021, the Union cabinet approved the production-linked incentive (PLI) scheme for National Programme on High Efficiency Solar PV Modules under the ministry of new & renewable energy with an outlay of Rs.4,500 crore...