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ACC ENERGY STORAGE
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...- Rajesh Exports likely to lose PLI beneficiary status, face MCA probeRajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering...
- India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
- Ola only battery PLI beneficiary with established capacity: CentreOla is the sole battery production linked incentive beneficiary with established capacity. Union minister H D Kumaraswamy informed the Lok ...
- Reliance, Ola, Rajesh Exports miss battery storage targets, lead to sharp cut in scheme's budget allocationReliance Industries, Ola Cell Technologies, and Rajesh Exports missed investment and domestic value addition targets for the battery storag...
- Government plans incentives for battery component manufacturing to boost electric vehicle industryThe Indian government is considering incentives for battery component manufacturing to support the electric vehicle industry. The Ministry ...
- Reliance corners Rs 3,620 crore battery PLI sopsReliance Industries Limited has secured Rs 3,620 crores in incentives for producing advanced chemistry cell batteries. This win adds to the...
- JSW, Reliance, TVS place bids for battery PLI sopsJSW Neo Energy, Reliance Industries, Lucas TVS, ACME Cleantech, Amara Raja, Anvi Power, and Waaree Energies have participated in a producti...
- Centre receives seven bids to set up giga-scale battery manufacturing facilities; RIL, JSW Neo among biddersThe Ministry of Heavy Electricals has received seven bids for re-bidding Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry C...
- Govt pushing ACC battery storage scheme, budget hiked 6x in last few years: OfficialThe budget allocation for the advanced chemistry cell (ACC) sector has increased sixfold in recent years, indicating the government's commi...
- Reliance, Mahindra, JSW among participants in battery PLI pre-bid meeting“The pre-bid meeting was conducted in preparation for the upcoming global tender seeking bids for the establishment of giga-scale Advanced ...
- Elon Musk’s Tesla can apply for battery PLI sops: Heavy Industries MinistryIn 2022, the Centre had awarded PLI support for setting up 30 GWh of ACC battery manufacturing capacity by 2030. Ola Cell Technologies won ...
- Govt begins re-auction for 10 GWh of battery PLIThe Heavy Industries Ministry has started reauction for 10 GWh of Production Linked Incentives (PLI) for Advanced Chemistry Cell (ACC) manu...
- Part of ACC battery PLI sops may go to supporting renewable energyThe ACC PLI programme is presently being speared by the Ministry of Heavy Industries. Deliberations are also underway within the government...
- Larger batch size kept for battery PLI bids: officialThe Indian government will continue to allocate production-linked incentives (PLI) for advanced chemical cell (ACC) batteries in batches of...
- Commercial production under PLI-ACC scheme to commence in current fiscal: GovtThe scheme aims to strengthen the ecosystem for Electric Mobility and Battery Storage in the country and aims to add to Atmanirbhar Bharat ...
- Govt announces re-bidding under PLI for advanced chemistry cell manufacturingThe government on Thursday announced the re-bidding of production linked incentives for 20 GWh Advanced Chemistry Cell manufacturing -- Ind...
- Reliance, Ola & Rajesh Exports sign program agreement under PLI scheme for battery manufacturingReliance New Energy Limited, Ola Electric Mobility Private Limited and Rajesh Exports Limited, the three selected bidders, signed the Progr...
- Reliance, Ola, Hyundai, and Rajesh Exports win support for battery manufacturingHyundai and Ola Electric have been awarded support for setting up 20 Gigawatt Hour (GWh) of manufacturing capacity each. Reliance and Rajes...
- Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturingWith the objective to promote the Make in India initiative, the National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expe...
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