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DOMESTIC ACC PRODUCTION
Centre gets 22 bids for 10 GWh battery sopsThe Ministry of Heavy Industries opened technical bids on Wednesday for advanced chemistry cell manufacturing capacity. Twenty-two bids wer...- 22 firms chase 10 GWh battery prize under PLI schemeThe Centre's production-linked incentive scheme for advanced chemistry cell manufacturing has received bids from 22 companies. These bids a...
- Battery component makers may get up to 50% capital subsidyThe ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Propose...
- Indian battery component makers face up to 61% cost disadvantage against imports: ReportIndian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report...
- Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM ShriramIndian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their Se...
- 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...
- 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...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 22%, according to analystsRising crude-oil prices are an obvious concern. But domestic factors like FPI selling, market repricing in select sectors, and the impact o...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- Discussion to extend PLI scheme to more sectors underwayThe objective of this PLI scheme is to make domestic manufacturing globally competitive, create global champions in manufacturing, boost ex...
- 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...
- 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...
- ACC puts ready-mix expansion plans on holdACC has decided to put on hold plans to expand its ready-mix concrete (RMX) business due to a slowdown in construction activities across th...
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