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DOMESTIC ACC MANUFACTURING
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...
Born at IIT, this battery tech targets a market China doesn't dominate—yetOffgrid Energy Labs, whose battery technology was developed through R&D in India, is betting on zinc-bromine batteries for long-duration en...
Exide's Bengaluru lithium-ion cell plant to generate revenue from Q3: CEOExide Industries expects its Bengaluru lithium-ion cell plant to generate revenue from the third quarter. The company has invested signific...
Air-cooled condenser makers urge review of Chinese firms' entry into thermal power contractsACC systems are used in dry-cooling systems at thermal power plants and are typically sub-contracted as part of larger engineering, procure...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%Any long-term investor knows that corrections are part of every bull run. But it is important that they be aware whether the correction is ...
Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambitGautam Adani's $11.5 billion aluminium joint venture with IHC marks his biggest bet yet on India's industrial future. Rather than challengi...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%When business updates start to come in or when some FMCG or auto companies indicate that things are not all good in the rural space, we may...
India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...
EV industry seeks financing, payment security support to drive adoptionElectric vehicle makers are asking the government for better financing and payment security. This is to speed up the use of electric vehicl...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
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...
Adani Cement eyes measured growth, defers ambitious FY28 targetsAdani Cement is prioritizing increased utilization of its current facilities. The company will focus on optimizing existing capacities. Cap...
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 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...
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...
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 incentive scheme for promoting battery storageThe scheme, National Programme on Advanced Chemistry Cell (ACC) Battery Storage, is expected to attract investment of Rs 45,000 crore, info...
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...
Govt to offer cash subsidy as means to encourage domestic manufacturing of storage batteriesUnion Cabinet, on Wednesday, approved Rs 18,100 crore worth of production linked incentive scheme for ACCs as part of the mega scheme for 1...