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PLI ACC
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...
- 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 ...
- Ola Electric receives letter from IFCI for missing out on PLI milestonesOla Electric's subsidiary missed targets under the PLI ACC scheme, as mentioned in a letter from IFCI Ltd. Despite the setback, an Ola spok...
- 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 ...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- Cell companies seek flexible terms on capacity under PLI planCompanies manufacturing cells - a key component of batteries used in electric vehicles, consumer electronics and high-tech electricity grid...
- No plan to reopen application window for PLI auto: GovtThere is no plan to reopen the application window for companies under the production linked incentive (PLI) scheme for the automobile secto...
- 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...
- 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...
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