Govt invites bids to set up 10 GWh grid-scale advanced chemistry cell manufacturing
In a bold move, the Ministry of Heavy Industries is inviting bids for extensive Advanced Chemistry Cell manufacturing facilities, with enticing incentives for achieving a total capacity of ten gigawatt hours as part of the PLI ACC Scheme. This ini...
The capacity on offer is earmarked for Grid Scale Stationary Storage application, an official statement said.
In May 2021, the Union Cabinet approved the PLI scheme on National Programme on Advanced Chemistry Cell (ACC) Battery Storage, with a total budgetary outlay of Rs 18,100 crore for achieving ACC manufacturing capacity of 50 GWh in the country.
The scheme aims to reduce India’s dependence on imported ACCs by strengthening domestic manufacturing capabilities. It offers incentivising large domestic and international players to establish a globally competitive ACC battery-manufacturing ecosystem in the country.
Under the PLI ACC Scheme, out of the targeted ACC capacity of 50 GWh, 40 GWh capacity has been awarded to domestic manufacturers.
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