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battery PLI: JSW, Reliance, TVS place bids for battery PLI sops

JSW Neo Energy, Reliance Industries, Lucas TVS, ACME Cleantech, Amara Raja, Anvi Power, and Waaree Energies have participated in a production linked incentive (PLI) auction for new-age battery manufacturing capacity in India. The companies bid for a cumulative capacity of 70 Giga Watt hours (GWh), with sops available only for 10 GWh. Technical bids for Rs 3,620 crore of PLI were opened. ....

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The real Hyundai Motor stands up at battery PLI pre-bid round

The participation of the South Korean company is notable because a similarly named Hyundai Global Motors had got sops for setting up a 20 gigawatt hour (GWh) capacity in the earlier PLI auction round for ACC batteries, held in January 2022. It was eventually concluded that this was a case of impersonation and that Hyundai Global Motors had used fake documentation while bidding. ....

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The Real Hyundai Stands up at Battery PLI Pre-bid Round

Reliance, Hyundai Motor, Mahindra and JSW were among 18 participants in a pre-bid round for the production-linked incentive (PLI) scheme to make advanced chemistry cell (ACC) batteries in India, said people with knowledge of the matter. ....

South Korea , Tamil Nadu , South Korean , Larsen Toubro , Amara Raja , Bharat Heavy Electricals Ltd , Reliance New Energy Battery Storage , Energy Storage , Hyundai Motor , Hyundai Global Motors , Cell Technologies , Rajesh Exports , Hyundai Motor India , General Motor ,

The real Hyundai Motor stands up at battery PLI pre-bid round, ET Auto

Battery PLI: The participation of the South Korean company is notable because a similarly named Hyundai Global Motors had got sops for setting up a 20 gigawatt hour (GWh) capacity in the earlier PLI auction round for ACC batteries, held in January 2022. It was eventually concluded that this was a case of impersonation and that Hyundai Global Motors had used fake documentation while bidding. ....

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