Solar module makers together with Reliance Industries Ltd. and Tata Power Co. are amongst bidders for 195 billion rupees ($2.4 billion) in monetary incentives that India is providing to develop home manufacturing and curb panel imports from dominant producer China.

Others displaying curiosity embody U.S. agency First Solar Inc. and Indian firms JSW Energy Ltd., Avaada Group and ReNew Energy Global Plc, in line with individuals accustomed to the matter, who requested to not be named as the data hasn’t been made public. The embattled Adani Group, one of many nation’s largest photo voltaic panel makers, was not among the many bidders, the individuals mentioned.