India’s Ministry of Heavy Industries has appointed Engineers India Ltd (EIL) as an independent engineer for the advanced-chemistry battery cell (ACC) capacity to be developed under the production-linked incentives (PLI) Scheme.
The ministry had awarded a cumulative battery cell capacity of 30 GWh to Ola Cell Technologies, ACC Energy Storage, and Reliance New Energy Battery Storage and is in the process of awarding another 20 GWh, with a target to achieve 50 GWh production by 2030.
The Ministry has appointed Engineers India Ltd as independent engineers to monitor the progress of the work of the selected beneficiaries.
The prototype testing by the PLI Scheme beneficiaries is almost complete and commercial production is likely to start progressively in phases, in FY 2024.
In line with the scheme’s vision to ensure domestic value addition, the technology for the advanced chemistry cells is being developed by all three beneficiaries and is in the advanced stages of development.
The total investment to date by these beneficiary organizations has reached up to INR 2,090 crore ($253 million). Ola Cell Technologies is setting up its manufacturing facility in Krishnagiri, Tamil Nadu, whereas ACC Energy Storage is setting up its facility in Dharwad, Karnataka, and Reliance New Energy Battery Storage is setting up a facility in Jamnagar, Gujarat.
Reliance New Energy Ltd has also acquired three overseas companies that are in the ACC manufacturing business.
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