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PLI scheme for ACC battery storage: Reliance New Energy, Ola, Rajesh Exports sign pact – EQ Mag Pro

The government has signed a programme agreement with Reliance New Energy, Ola and Rajesh Exports under the PLI Scheme for ACC Battery Storage These companies will receive incentives under India’s Rs 18,100-crore PLI scheme The private players are expected to create battery manufacturing capacity to the tune of ~95 GWh New Delhi: The government has […]

SWELECT Energy to raise Rs 1.38 billion via debenture sales – EQ

10 bids received under PLI Scheme for ACC Battery Storage – EQ Mag Pro

Industry has reposed its faith in India’s stellar progress as a world class manufacturing destination which resonates strongly with Hon’ble Prime Minister’s clarion call of Atma Nirbhar Bharat – a self-reliant India. New Delhi: A total of 10 companies submitted their bids under the Advanced Chemistry Cell (ACC) Battery Storage Programme in India for which […]

India’s Renewable Energy Sector Attracts Record Investment in 2023 – EQ

Cabinet Approves PIL Scheme ‘National Programme on ACC Battery Storage’

The Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the proposal of the Production Linked Incentive (PLI) Scheme on the National Programme on Advanced Chemistry Cell (ACC) Battery Storage. The proposal of the Department of Heavy Industry for implementation is approved for achieving a manufacturing capacity of 50 GWh of ACC and “Niche” […]

Union Minister Shri Pralhad Joshi Urges People to Take Advantage of PM-Surya Ghar: Muft Bijli Yojana – EQ