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ACC BATTERY MANUFACTURING
Centre extends bid deadline for advanced chemistry cell battery PLI scheme to November 10In a recent announcement, the Ministry of Heavy Industries confirmed the extension of the ACC Production Linked Incentive Scheme deadline t...- India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: ReportIndia's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in inv...
- PLI scheme attracts Rs 2.40 lakh crore investments across 14 sectors, enhancing manufacturing capacity: ReportThe ASSOCHAM report indicates that the Production Linked Incentive Scheme has attracted significant investment across various sectors. It e...
- IIT Madras professor Jhunjhunwala wants PLI to be more startup friendlyPLI should be opened to smaller companies, with incentives tied to meaningful domestic value addition rather than the ability to make large...
- Ola Electric gets revised ACC PLI timeline, eyes Rs 7,240 crore incentive payout through 2031Ola Electric's subsidiary received revised timelines for the ACC PLI scheme. This approval secures a full five-year incentive window throug...
- Ola Electric gets two-year extension on cell-manufacturing PLI milestonesThe revised timeline secures Ola Electric a five-year PLI window through 2031 and could unlock up to Rs 7,240 crore in cumulative incentive...
- Yulu, Bounce chase fresh funds; MPs target social mediaHappy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in...
- Ola Electric auditor flags Rs 57 crore PLI penalty reversal in Q1 resultsOla Electric's auditor raised concerns regarding the reversal of a Rs 57 crore penalty related to missed investment milestones under PLI wi...
- Ola Electric's PLI woes; Paytm rides MDR hopesOla Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5.
- India's battery chemicals ecosystem set for rapid expansion as ACC demand surges: NuvamaIndia is shifting towards a domestic battery chemicals ecosystem, with advanced chemistry cell demand projected to grow significantly in co...
- Govt invites bids to set up 10 GWh grid-scale advanced chemistry cell manufacturingIn a bold move, the Ministry of Heavy Industries is inviting bids for extensive Advanced Chemistry Cell manufacturing facilities, with enti...
- 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...
- 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...
- 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...
- 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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