PLI Scheme: Govt. to re-auction of PLI for batteries soon, A

PLI Scheme: Govt. to re-auction of PLI for batteries soon, Auto News, ET Auto

The Indian government will re-auction the performance-linked incentives (PLI) for 20 GW advanced chemistry cell (ACC) battery manufacturing, following the allocation of the capacity to Hyundai Global Motors, which was found to be impersonating Hyundai Motor. Estimated incentives of INR 7,240 crore will be offered under the INR 18,100 crore PLI scheme disbursed over five years.

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, Hyundai Global Motors , Pli Scheme , Dcc , Reliance , Rajesh Exports , Ola Electric Mobility , Performance Linked Incentives , Advanced Chemistry Cell ,

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