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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.
Get latest articles and stories on Latest News at LatestLY. The Centre on Wednesday announced re-bidding under a PLI scheme for Advanced Chemistry Cells (ACC) to select bidders to set up mega battery manufacturing facilities of 10 GWh capacity with a budgetary outlay of Rs 3,620 crore. Latest News | Govt Invites Bids for Setting Up ACC Units Under PLI Scheme for Battery Storage.
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The bid due date is April 22, 2024 and bids shall be opened on April 23, 2024.
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