Govt approves Rs 18,100 cr PLI scheme for promoting ACC battery manufacturing
Govt approves Rs 18,100 cr PLI scheme for promoting ACC battery manufacturing SECTIONS Last Updated: May 12, 2021, 04:16 PM IST Share Synopsis The proposal aims to achieve a manufacturing capacity of 50 Gigawatt Hour of ACC and 5 GWh of niche ACC, Information and Broadcasting Minister Prakash Javadekar told reporters after Cabinet meeting today. Agencies It is expected to promote green growth and use local products like copper and bauxite The government on Wednesday approved the Production Linked Incentive (PLI) scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore. ...
Source: indiatimes.com