Minimum capacity may be cut for battery storage PLI

The govt held talks last week with firms like Panasonic, Minda Corp, Ather Energy, Maruti, Tata Motors, etc

- Alisha Sachdev

The government is considering lowering the minimum capacity threshold for bids under a fresh round of the production-linked incentive (PLI) scheme for advanced chemistry cells (ACC) that are used for battery storage and are key to the electric vehicle ecosystem.

The government is looking to allocate 20 GWh (gigawatt hour) capacity to new participants in the scheme, and held consultations last week with a diverse set of firms that included Panasonic, Minda Corp, Ather Energy, Maruti Suzuki India Ltd, Tata Motors’ Agratas, NTPC and M&M.

However, the decision is under consideration and will involve a considered view of what the industry wants, as multiple points of view emerge as part of stakeholder discussions, a person with direct knowledge of the matter told Mint.