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Govt announces re-bidding of PLI incentives for 10GWh Advanced Chemistry Cell manufacturing scheme

With this bidding process, the prospective applicants can submit their bids to set-up domestic manufacturing facility for ACC, which will help them qualify for incentives under PLI ACC scheme. ....

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Govt begins re-auction for 10 GWh of battery PLI

The Heavy Industries Ministry has started reauction for 10 GWh of Production Linked Incentives (PLI) for Advanced Chemistry Cell (ACC) manufacturing. The incentives will support manufacturing of Electric Vehicle (EV) batteries. A budgetary outlay of Rs 3,620 crore has been earmarked as incentives against setting up this battery manufacturing capacity. In addition, a separate round of bids will be called for another 10 GWh of incentives for stationery battery applications. The 20 GWh PLI capacity being rebid was initially allocated to Hyundai Global Motors, a company said to be impersonating South Korean firm Hyundai Motor Co. ....

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Govt invites bids for setting up Advanced Chemistry Cell making units under PLI scheme

The Ministry of Heavy Industries on Wednesday announced the re-bidding of production linked incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing.With this bidding process, the prospective applicants can submit their bids to . ....

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MHI Invites Tender For Selection Of Bidders To Set Up Giga scale ACC Manufacturing - BW Businessworld

In May 2021, the Cabinet had approved the technology-agnostic PLI Scheme on National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for achieving a manufacturing capacity of Fifty (50) Giga Watt hours (GWh) of ACC with an outlay of Rs 18,100 crore, , pli, acc ....

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The Chronicle - Breaking news

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