Ola Electric unit partners with Ministry of Heavy Industries for PLI ACC Scheme to up domestic EV battery productionOla Cell Technologies Private Limited has joined the Ministry of Heavy Industries to benefit from the Production Linked Incentive Advanced ...
04 Mar, 2025, 06.49 PM IST
Battery PLI: Beneficiaries asked to pay penalty for missing targetsThe Ministry of Heavy Industries has issued penalty notices to Ola, Reliance, and Rajesh Exports for not meeting targets under the ACC Batt...
03 Mar, 2025, 11.36 PM IST
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...
05 Sep, 2024, 12.30 AM IST
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...
23 Apr, 2024, 03.17 PM IST
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...
23 Apr, 2024, 01.56 PM IST
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 ...
09 Feb, 2024, 05.28 PM IST
Govt invites bids for setting up ACC units under PLI scheme for battery storagePLI scheme 'National Programme on Advanced Chemistry Cell Battery Storage' promotes manufacturing of technology-agnostic ACC in India. "Wit...
24 Jan, 2024, 06.26 PM IST
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...
17 Nov, 2023, 02.27 PM IST
Battery PLI aspirants split on capacity to be offered for bidsCompanies seeking support for manufacturing Advanced Chemistry Cell (ACC) batteries with support from the performance linked incentive (PLI...
24 Jul, 2023, 09.20 PM IST
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...
20 Jul, 2023, 04.48 PM IST
Re-auction of PLI for batteries soonThe Indian government will re-auction the performance-linked incentives (PLI) for 20 GW advanced chemistry cell (ACC) battery manufacturing...
20 Jul, 2023, 12.09 AM IST
India may pull plug on FAME II after next fiscalThe likely shift comes as the ministry of heavy industries, which administers FAME, has launched an investigation into the alleged misappro...
07 Mar, 2023, 06.19 AM IST
Reliance arm, Ola electric, Rajesh Exports Ink PLI pacts for batteriesThe Ministry of Heavy Industries has signed contracts with three companies under the Production-Linked Incentive (PLI) Scheme for advanced ...
30 Jul, 2022, 12.36 AM IST
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...
29 Jul, 2022, 12.17 PM IST
Hope to make India a global hub for EVs, cell tech: Ola co-founderUnder the initiative, the emphasis of the government is to achieve greater domestic value addition, while at the same time ensuring that th...
24 Mar, 2022, 10.05 PM IST
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...
24 Mar, 2022, 12.32 PM IST
PLI scheme for battery storage to bring down EV cost, say manufacturers"Battery occupies a larger portion of any electric vehicle's cost. Thus, the right policy move will help us steer towards green growth in t...
12 May, 2021, 07.48 PM IST