Govt approves ₹18,100 crore PLI scheme for promoting ACC battery manufacturing
The Hindu
The government on Wednesday approved the Production Linked Incentive (PLI) scheme for promoting battery storage at an estimated outlay of ₹18,100 crore.With the objective to promote the 'Make in I
The government on Wednesday approved the Production Linked Incentive (PLI) scheme for promoting battery storage at an estimated outlay of ₹18,100 crore. With the objective to promote the 'Make in India' initiative, National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to attract investment of ₹45,000 crore, Information and Broadcasting Minister Prakash Javadekar told reporters after the Cabinet meeting. The proposal aims to achieve a manufacturing capacity of 50 Gigawatt Hour of ACC and 5 GWh of niche ACC, he said.More Related News