There have been takes for 30 GWh in the government's Advanced Chemistry Cell Production-Linked Incentive (PLI-ACC) scheme for 50GWh, and they are in the process of setting up the facilities for that. "According to Dr. Hanif Qureshi, Joint Secretary of the Ministry of Heavy Industries, the remaining 20GWh will be available by next month."
In his keynote address at the ET Smart Factory Summit 2023 on Tuesday, Dr. Qureshi stated, "Of the government's target of 50 GWh, 30 GWh has already been provided, and the remaining 20 GWh will be provided by next month."
Under the PLI ACC) scheme, a total of 50 GWh ACC manufacturing capacity had been allocated to four successful bidders in March 2022 through the request for proposal (RFP) and competitive bidding process.However, one of the previously awarded bidders had been disqualified due to non-compliance with the stipulated terms and conditions of the RFP and bid documentation.
Ola Cell Technologies Pvt Ltd, ACC Energy Storage Pvt Ltd, and Reliance New Energy Battery Storage Ltd are the other three recipients. With a goal of producing 50GWh by 2030, this disqualification left 20 GWh of ACC manufacturing capacity unclaimed and available.
The Union government announced last month that commercial production under the PLI scheme for ACC manufacturing, which includes India's INR 18,100-crore programme to boost local battery cell production, will likely begin in stages beginning with the current fiscal year.