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Mobility

Cabinet approves Production Linked Incentive scheme on Advanced Chemistry Cell Battery Storage

The Cabinet has approved the proposal of Department of Heavy Industry for implementation of the Production Linked Incentive (PLI) Scheme 'National Programme on Advanced Chemistry Cell Battery Storage’ for achieving manufacturing capacity of Fifty (50) Giga Watt Hour (GWh) of ACC and 5 GWh of "Niche" ACC with an outlay of Rs.18,100 crore (€2.1 Bn). The consumer electronics, electric vehicles, advanced electricity grids, solar rooftop etc. which are major battery consuming sectors are expected to achieve robust growth in the coming years. This dominant battery technologies will control some of the world's largest growth sectors.

TAGS #ACC #PLI
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