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20 GWh of PLI ACC manufacturing capacity to be allotted by next month: Hanif Qureshi, ET Auto

Hanif Qureshi: In his key-note address at the ET Smart Factory Summit 2023 on Tuesday Dr. Qureshi said, “Out of the government’s target of 50 GWh, 30 GWh has already been given and by next month, the remaining 20 GW will also come out.”

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India's Reliance Industries signs MoU with Brookfield to manufacture renewable power equipment in Australia

Brookfield Asset Management, a global alternative asset manager, has signed a Memorandum of Understanding (MoU) with Reliance Industries. The MoU aims to explore opportunities for manufacturing renewable energy and decarbonisation equipment in Australia, fostering the nation’s energy transition a

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Engineers India Limited appointed to oversee PLI scheme for advanced batteries

Engineers India Limited appointed to oversee PLI scheme for advanced batteries
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acc: Commercial production under PLI-ACC scheme to commence in current fiscal: Govt

The scheme aims to strengthen the ecosystem for Electric Mobility and Battery Storage in the country and aims to add to Atmanirbhar Bharat initiative. "In line with the scheme vision to ensure domestic value addition, the technology for the Advanced Chemistry Cells is being developed by all 3 beneficiaries, which is in advanced stages of development. The total investment till date by these beneficiary organisations has reached up to Rs 2,090 crore," the statement said.

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