Land acquisition has been completed for 40 GWh of manufacturing capacity awarded under India’s production-linked incentive (PLI) scheme for advanced chemistry battery cells (ACC), the Ministry of Heavy Industries shared in the parliament recently.
Approved in May 2021, the scheme has a total outlay of INR 18,100 crore and aims to establish 50 GWh of domestic ACC manufacturing capacity. It is designed to boost local manufacturing, reduce import dependence, and position India as a global hub for battery production.
Of the total 50 GWh target, 40 GWh has been awarded to beneficiary companies, including Rajesh Exports (5 GWh), Ola Electric (20 GWh), and Reliance New Energy (15 GWh, including 5 GWh from the first round and 10 GWh from the second round of allocations).
While land acquisition has been completed for the awarded capacity, only 1 GWh has been commissioned so far, by Ola Electric.
The PLI-ACC scheme is pan-India in scope and does not mandate specific locations for manufacturing facilities. Companies can select sites based on business strategy, infrastructure availability, and access to resources.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.