+
Production of advanced chemistry cell batteries in India
POWER & RENEWABLE ENERGY

Production of advanced chemistry cell batteries in India

India is set to embark on a significant milestone in its pursuit of advanced energy storage solutions, with the production of the first batch of Advanced Chemistry Cell (ACC) batteries expected to commence by January 2024, announced Union Minister Mahindra Nath Pandey on Tuesday.
The government greenlit the Production Linked Incentives (PLI) scheme for ACC battery manufacturing in May 2021, earmarking an estimated investment of Rs 18,100 crore for this endeavor. Advanced Chemistry Cell (ACC) batteries represent the forefront of cutting-edge energy storage technologies, capable of storing electric energy in various forms, be it electrochemical or chemical energy, and converting it back into electricity as needed.
"In December of this year or by January of the following year, we anticipate the initiation of ACC battery production within our nation," stated the Union Minister of Heavy Industries, underlining the imminent shift towards domestic production of these advanced energy storage units.
This development is poised to mark a significant leap forward for India in the realm of energy storage and sustainable technology. ACC batteries have the potential to revolutionize the energy landscape, offering enhanced energy storage capabilities for a wide range of applications, including electric vehicles and renewable energy systems. The PLI scheme's implementation is expected to strengthen India's position as a player in the global transition towards cleaner and more efficient energy solutions.


India is set to embark on a significant milestone in its pursuit of advanced energy storage solutions, with the production of the first batch of Advanced Chemistry Cell (ACC) batteries expected to commence by January 2024, announced Union Minister Mahindra Nath Pandey on Tuesday.The government greenlit the Production Linked Incentives (PLI) scheme for ACC battery manufacturing in May 2021, earmarking an estimated investment of Rs 18,100 crore for this endeavor. Advanced Chemistry Cell (ACC) batteries represent the forefront of cutting-edge energy storage technologies, capable of storing electric energy in various forms, be it electrochemical or chemical energy, and converting it back into electricity as needed.In December of this year or by January of the following year, we anticipate the initiation of ACC battery production within our nation, stated the Union Minister of Heavy Industries, underlining the imminent shift towards domestic production of these advanced energy storage units.This development is poised to mark a significant leap forward for India in the realm of energy storage and sustainable technology. ACC batteries have the potential to revolutionize the energy landscape, offering enhanced energy storage capabilities for a wide range of applications, including electric vehicles and renewable energy systems. The PLI scheme's implementation is expected to strengthen India's position as a player in the global transition towards cleaner and more efficient energy solutions.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?