+
Reliance, JSW Among Bidders for ACC Battery PLI Scheme
POWER & RENEWABLE ENERGY

Reliance, JSW Among Bidders for ACC Battery PLI Scheme

Several major players including Reliance Industries, JSW, and five other companies have submitted bids for the production-linked incentive (PLI) scheme aimed at manufacturing advanced chemistry cell (ACC) batteries with a capacity of 10 gigawatt-hours (GWh). This scheme is part of the government's efforts to boost domestic manufacturing and reduce reliance on imports in the electric mobility sector.

The PLI scheme for ACC batteries aims to incentivize the establishment of domestic manufacturing facilities for advanced batteries, which are crucial components in electric vehicles (EVs) and renewable energy storage systems. By encouraging domestic production, the scheme seeks to strengthen India's position in the global EV market and promote sustainable transportation solutions.

Reliance Industries, one of India's largest conglomerates, and JSW, a leading steel producer, are among the prominent companies vying for the opportunity to participate in the ACC battery manufacturing segment. The involvement of these industry giants underscores the significance of the PLI scheme in driving investments and fostering collaboration in the renewable energy and electric mobility sectors.

The successful implementation of the PLI scheme for ACC batteries is expected to catalyseF the growth of India's EV ecosystem and create new opportunities for domestic manufacturers. It will also contribute to the country's efforts to reduce carbon emissions and transition towards cleaner and more sustainable energy sources.

As the government evaluates bids for the ACC battery PLI scheme, stakeholders remain optimistic about the potential for domestic manufacturing to play a pivotal role in India's transition towards a greener and more resilient economy.

Several major players including Reliance Industries, JSW, and five other companies have submitted bids for the production-linked incentive (PLI) scheme aimed at manufacturing advanced chemistry cell (ACC) batteries with a capacity of 10 gigawatt-hours (GWh). This scheme is part of the government's efforts to boost domestic manufacturing and reduce reliance on imports in the electric mobility sector. The PLI scheme for ACC batteries aims to incentivize the establishment of domestic manufacturing facilities for advanced batteries, which are crucial components in electric vehicles (EVs) and renewable energy storage systems. By encouraging domestic production, the scheme seeks to strengthen India's position in the global EV market and promote sustainable transportation solutions. Reliance Industries, one of India's largest conglomerates, and JSW, a leading steel producer, are among the prominent companies vying for the opportunity to participate in the ACC battery manufacturing segment. The involvement of these industry giants underscores the significance of the PLI scheme in driving investments and fostering collaboration in the renewable energy and electric mobility sectors. The successful implementation of the PLI scheme for ACC batteries is expected to catalyseF the growth of India's EV ecosystem and create new opportunities for domestic manufacturers. It will also contribute to the country's efforts to reduce carbon emissions and transition towards cleaner and more sustainable energy sources. As the government evaluates bids for the ACC battery PLI scheme, stakeholders remain optimistic about the potential for domestic manufacturing to play a pivotal role in India's transition towards a greener and more resilient economy.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code