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Govt weighs splitting incentive scheme for making battery cells

Following a proposal for a specific production-linked incentive scheme for battery cells for stationary applications, the government is considering dividing the existing capacity instead of creating multiple PLI schemes for the same product ....

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Big boost to Atmanirbhar Bharat! 10 bids with capacity ~ 130 Gwh received under PLI scheme for Advanced Chemistry Cell (ACC) Battery Storage - See full list of companies

In a major boost to Prime Minister Narendra Modi's vision of Atmanirbhar Bharat, a total of 10 companies submitted their bids under the Advanced Chemistry Cell (ACC) Battery Storage Programme in India. Get more India News and Business News on Zee Business. ....

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Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturing

Minister Prakash Javadekar told reporters after the Cabinet meeting.
The proposal aims to achieve a manufacturing capacity of 50 Gigawatt Hour of ACC and 5 GWh of niche ACC, he said.
It will promote green growth and use local products like copper and bauxite to a large extent, he added.
New Delhi, May 12 (PTI): The government on Wednesday approved the Production Linked Incentive (PLI) scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore.
With the objective to promote the Make in India initiative, National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to attract investment of Rs 45,000 crore, Information and Broadcasting Minister Prakash Javadekar told reporters after the Cabinet meeting. ....

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