India, March 18 -- The Government of India issued the following news release:
The Ministry of Heavy Industries (MHI) administers a Production Linked Incentive (PLI) Scheme namely "National Programme on Advanced Chemistry Cell (ACC) Battery Storage". Under the scheme, the total outlay is rs 18,100 Crore for a capacity of 50 GWh for a period of 5 years after gestation period of 2 years. A total of 40GWh in two tranches has been allocated to four PLI beneficiaries. Further, as per recommendation of EGoS in July 2024, MHI initiated the process for finalizing bid documents for balance 10 GWh capacity for Grid Scale Stationary Storage (GSSS) applications in consultation with Ministry of New and Renewable Energy (MNRE). The details of the scheme ...