Key Points
Goa: The ministry of heavy industries will be issuing a fresh tender for applications under the production-linked incentive scheme inviting bids for the 18,000-crore Advanced Chemistry Cells, or ACC project..
During the initial round of awards under the PLI scheme, three companies qualified for incentives: Ola Electric, Reliance New Energy, and Rajesh Exports..
However, Ola Electric (for 20GWh lithium-ion cell) and Reliance New Energy (for 5GWh sodium-ion cell manufacturing) have presented the roadmap for actual production to the government. ..
Bangalore-based precious jewellery firm Rajesh Exports, which had qualified for incentives for a 5GWh lithium-ion cell production capacity is yet to submit plans and is likely to be disqualified..
Besides the 50GWh capacity which will be created as a part of the ACC PLI scheme, the private sector will set up a battery manufacturing capacity of 100GWh, Rizvi added..
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