Reliance New Energy Secures 10 GWh Under PLI ACC Scheme
POWER & RENEWABLE ENERGY

Reliance New Energy Secures 10 GWh Under PLI ACC Scheme

In a significant boost to India’s advanced battery manufacturing sector, the Ministry of Heavy Industries (MHI) signed a Programme Agreement with Reliance New Energy Battery Limited, a subsidiary of Reliance Industries Limited, on February 17, 2025. Under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC), the company has been awarded a 10 GWh manufacturing capacity, making it eligible for incentives under the Rs 181 billion scheme. 

This agreement marks another milestone in the implementation of the National Programme on Advanced Chemistry Cell (ACC) Battery Storage, approved in May 2021, which aims to establish 50 GWh of domestic manufacturing capacity. With this signing, a cumulative 40 GWh capacity has now been allocated to four beneficiary firms. The first round of bidding in March 2022 had awarded 30 GWh to three firms, with Programme Agreements signed in July 2022. 

Senior MHI officials highlighted that the PLI ACC Scheme is designed to enhance local value addition while keeping India's battery manufacturing costs globally competitive. The scheme allows beneficiaries the flexibility to adopt the most suitable technologies and inputs to establish state-of-the-art ACC manufacturing facilities, supporting India's growing EV and renewable energy storage sectors.
 
Complementing the PLI initiative, the Union Budget for FY 2025-26 introduced key measures to accelerate domestic battery manufacturing. These include exempting 35 additional capital goods used in EV battery production from Basic Customs Duty (BCD), a move aimed at bolstering lithium-ion battery production in India. The Budget’s broader push for strengthening domestic manufacturing and value addition reinforces the government's vision of a self-reliant battery ecosystem. 

The Ministry of Heavy Industries remains committed to fostering innovation, strengthening domestic supply chains, and attracting Foreign Direct Investment (FDI) to build a sustainable battery manufacturing sector. The government's efforts have already spurred investment, with over 10 companies setting up more than 100 GWh of additional cell manufacturing capacity beyond the PLI beneficiaries. 

(PIB)         

In a significant boost to India’s advanced battery manufacturing sector, the Ministry of Heavy Industries (MHI) signed a Programme Agreement with Reliance New Energy Battery Limited, a subsidiary of Reliance Industries Limited, on February 17, 2025. Under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC), the company has been awarded a 10 GWh manufacturing capacity, making it eligible for incentives under the Rs 181 billion scheme. This agreement marks another milestone in the implementation of the National Programme on Advanced Chemistry Cell (ACC) Battery Storage, approved in May 2021, which aims to establish 50 GWh of domestic manufacturing capacity. With this signing, a cumulative 40 GWh capacity has now been allocated to four beneficiary firms. The first round of bidding in March 2022 had awarded 30 GWh to three firms, with Programme Agreements signed in July 2022. Senior MHI officials highlighted that the PLI ACC Scheme is designed to enhance local value addition while keeping India's battery manufacturing costs globally competitive. The scheme allows beneficiaries the flexibility to adopt the most suitable technologies and inputs to establish state-of-the-art ACC manufacturing facilities, supporting India's growing EV and renewable energy storage sectors. Complementing the PLI initiative, the Union Budget for FY 2025-26 introduced key measures to accelerate domestic battery manufacturing. These include exempting 35 additional capital goods used in EV battery production from Basic Customs Duty (BCD), a move aimed at bolstering lithium-ion battery production in India. The Budget’s broader push for strengthening domestic manufacturing and value addition reinforces the government's vision of a self-reliant battery ecosystem. The Ministry of Heavy Industries remains committed to fostering innovation, strengthening domestic supply chains, and attracting Foreign Direct Investment (FDI) to build a sustainable battery manufacturing sector. The government's efforts have already spurred investment, with over 10 companies setting up more than 100 GWh of additional cell manufacturing capacity beyond the PLI beneficiaries. (PIB)         

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?