According to reports, up to 20 companies, including Reliance Industries, Ola Electric, and Tata Chemicals, have expressed interest in the Production Linked Incentive (PLI) scheme for manufacturing Advanced Chemistry Cell batteries, which are considered the most cutting-edge technology in electric power storage.
Ministry of Heavy Industries Secretary Arun Goel said,”The response to PLI ACC has been better than expected. We have notified the scheme for setting up a manufacturing capacity of 50 GWh, but the interest is more than double of that.”
