According to Hanif Qureshi, Additional Secretary in the Ministry of Heavy Industries, the Ministry of Heavy Industries (MHI) has launched technical bids for production-linked incentives (PLI) for the production of 10 GWh of Advanced Chemistry Cells (ACC).
According to Qureshi, MHI opened technical bids on April 23. Seven Indian companies will bid on developing an indigenous 10 GWh Advanced Chemistry Cell manufacturing capacity (ACC).
The seven technical proposals, which include those from renowned companies in the zero-emission technologies space, are from the following companies: Waaree Energies, JSW Neo Energy, Reliance Industries, ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, and Anvi Power Industries.
The Indian government released a Request for Proposal (RFP) on January 24, 2024, following extensive discussion and bidding, to develop ACC manufacturing facilities with a maximum budgeted cost of Rs 3,620 crore and a total capacity of 10 GWh. In response to a worldwide call for bids, Production Linked Incentives (PLI) for the production of 10 GWh of ACC were re-awarded. These are a component of the Indian government’s ambitions to increase localization efforts in the country for grid-scale energy storage and EV manufacture.
The technology-neutral PLI Scheme on the “National Programme on Advanced Chemistry Cell (ACC) Battery Storage” was authorised by the Cabinet in May 2021. It is now complete and prepared for execution.