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The Hindu·2 min read·medium

Centre invites global bids for 10 GWh ACC battery manufacturing under PLI scheme

T
The Hindu Bureau
Centre invites global bids for 10 GWh ACC battery manufacturing under PLI scheme
AI Summary

The Indian Ministry of Heavy Industries has opened global bidding for the remaining 10 GWh of battery manufacturing capacity under its PLI scheme. This initiative aims to bolster domestic production of Advanced Chemistry Cell batteries to support renewable energy storage.

Why it matters

Expanding domestic battery manufacturing is critical for India's energy transition and reducing reliance on foreign imports for grid-scale storage.

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The Ministry of Heavy Industries has invited global bids to set up advanced battery manufacturing plants with a total capacity of 10 gigawatt-hours (GWh) in India under the government’s Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) batteries.

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Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 90%

The article reports on government policy and industrial bidding in a factual, neutral manner without emotive language.

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