The Ministry of Heavy Industries (MHI) has announced the re-bidding of production-linked incentives (PLI) for 10 GWh of advanced chemistry cell (ACC) manufacturing. The prospective applicants can submit their bids to set up domestic manufacturing facilities for ACCs, which will help them qualify for incentives under the PLI ACC scheme.
The bidding process will be held online through a transparent selection process based on the quality- and cost-based parameters.
In May 2021, the government had approved the PLI Scheme for achieving a manufacturing capacity of 50 GWh of ACCs with an outlay of INR 18,100 Crore. The first round of the ACC PLI bidding was concluded in March 2022, and a cumulative battery cell capacity of 50 GWh was allocated to Hyundai Global Motors Company (20 GWh), Ola Electric Mobility (20 GWh), Reliance New Energy Solar Limited (5 GWh), and Rajesh Exports (5 GWh) for incentives support under the scheme. Hyundai Global Motors Company, however, withdrew from the scheme. The other three companies were allocated a total capacity of 30 GWh, and the program agreement with them was signed in July 2022.
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