Reliance New Energy, Ola Electric, and Rajesh Exports Ltd signs program pact under ACC-PLI scheme: MHI

Ministry of Heavy Industries has announced that three selected bidders signed the Program Agreement under Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC)...

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Raw material ambition: Local content to global supply

The overwhelming response to the ACC PLI scheme has set the ball rolling for giga-scale manufacturing of battery cells in India. It has also opened up the space for raw material co...

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Action stations for a battery nation in the making

To speed up the shift towards energy storage, renewable energy, and EVs, PM Modi announced at COP26 a target of 500 GW of non-fossil fuel energy usage by 2030. The FAME II, the Aut...

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NITI Aayog releases draft battery swapping policy for stakeholder comments

During the COP26 summit in Glasgow, India committed to reducing carbon emission intensity by 45 percent, taking our non-fossil energy capacity to 500 GW by 2030, meeting 50 percent...

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ACC PLI – key milestone in a long journey, just begun

In a major milestone for the energy storage industry, in March 2022 the Indian government announced the winners of the Production Linked Incentive (PLI) scheme for advanced battery...

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115 companies applied for PLI scheme for automobile and auto component industry: MHI

The Ministry of Heavy Industries, India has announced that a total of 115 companies have filed their application under the Production Linked Incentive (PLI) Scheme for Automobile a...

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