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Post Change of Ownership, Ambuja Cements records substantial jump in Sequential EBITDA by 161 per cent at Rs 1,138 cr

Ahmedabad (Gujarat) [India], February 7 (ANI/BusinessWire India): Ambuja Cements Limited (Ambuja), the building materials arm of Adani Cement and part of the diversified Adani group, today announced the financial results for the quarter ended December 31, 2022. The Company has embarked on a transformation journey this quarter which has resulted in sizeable operational efficiencies. Additionally, synergies with the group have supported cost optimization resulting in significant improvements in mo...
Ajay Kapur Institute Of Chartered Accountants India Health Award Sustainable Development Ambuja Cements Limited Group Companies

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Rs 18,100 crore PLI scheme approved by Indian government for producing ACC batteries

0 Comments The government of India has approved the proposal of the Department of Heavy Industry for the implementation of the Production Linked Incentive (PLI) scheme for National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. This scheme aims to achieve a manufacturing capacity of 50-Gigawatt hour (GWh) of ACC and 5-GWh of ‘Niche’ ACC with an outlay of Rs 18,100 crore. ACC batteries are used in consumer electronics, electric...
Prakash Javadekar Sohinder Gill Lakshay Singhal Energy Storage Society Of Manufacturers Electric Vehicles National Programme On Advanced Chemistry Cell

Cabinet approves Rs 18,000 cr PLI scheme for ACC batteries

Cabinet approves Rs 18,000 cr PLI scheme for ACC batteries ​ By IANS | ​ 3 Views   New Delhi, May 12 : The Union Cabinet has approved Production Linked Incentive (PLI) scheme, National Programme on Advanced Chemistry Cell (ACC) Battery Storage for achieving manufacturing capacity of 50 Giga Watt Hour (GWh) of ACC and 5 GWh of niche ACC, at an outlay of Rs 18,100 crore. ACCs are the new generation of advanced storage technologies that can store electric energy, either as electrochemical o...
New Delhi Union Cabinet National Programme On Advanced Chemistry Cell Production Linked Incentive National Programme Advanced Chemistry Cell

Cabinet approves Rs 18,000-cr PLI scheme for battery manufacturing

The Union Cabinet on Wednesday approved an Rs 18,100-crore plan to incentivise battery makers to manufacture locally as it looks to cut import dependence while giving a boost to electric vehicle (EV) adoption. This was a Department of Heavy Industries’ proposal, which the government expects will create direct investment of Rs 45,000 crore. Under the production-linked incentive (PLI) scheme floated by the central government, the Cabinet in November 2020 had approved Rs 18,000 crore for dome...
Union Cabinet On National Programme Union Cabinet Production Linked Incentive Advanced Chemistry Cell Battery Storage

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