Seven Bidders Apply for Production Linked Incentives for ACC Manufacturing in India

Solar Sector News | Project News | Project Update | Project Opportunities

The Ministry of Heavy Industries (MHI) in India has received bids from seven bidders for the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The scheme aims to achieve a manufacturing capacity of Fifty (50) Giga Watt hours (GWh) of ACC with an outlay of Rs.18,100 Crore. The bidders include ACME Cleantech Solutions Private Limited, Amara Raja Advanced Cell Technologies Private Limited, Anvi Power Industries Private Limited, JSW Neo Energy Limited, Reliance Industries Limited, Lucas TVS Limited, and Waaree Energies Limited for a cumulative capacity of 70 GWh.

Note: The above-mentioned news was first published by us in our ProjectX India | 1st May 2024 edition.. Do you want to buy this issue or our latest issue? If yes! click here

*Image used in this post if any, is for illustration only

India Projects | Solar sector Project News

ProjectX India PDF edition helps you to identify new projects in India. Accelerate your business by getting timely information on upcoming and ongoing projects, contract awards, and tenders. ProjectX India provides you with actionable new project opportunities along with related contacts. The copy is delivered to you through email every fortnight.

Do subscribe @ Rs.  5999/- and get 24 fortnightly issues in a year.  Click here to know more

Do you want to try out a sample evaluation copy?

Click here to download an evaluation copy that covers new projects from India, ongoing projects from India, contract awards from India, and public procurement opportunities from India.

WhatsApp us at 877 927 9155 for subscriptions or advertising on this website and digital edition.