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RELIANCE INDUSTRIES AWARDED 10 GWh ACC BATTERY STORAGE PLANT UNDER PLI SCHEME

The Daily Guardian

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September 05, 2024

The Ministry had received bids from 7 firms during the re- bidding for 10 GWh ACC manufacturing capacity, with a maximum budgetary outlay of Rs 3,620 crore

RELIANCE INDUSTRIES AWARDED 10 GWh ACC BATTERY STORAGE PLANT UNDER PLI SCHEME

Reliance Industries Limited (RIL) has been awarded 10 GWh ACC capacity battery storage plant under the Production Linked Incentive (PLI) scheme based on the Quality and Cost Based Selection (QCBS) mechanism.

The Union Ministry of Heavy Industries (MHI) of India announced RIL as the successful bidder under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage.

The aim is to boost domestic manufacturing capacity, reduce reliance on imports, and position India as a global leader in ACC battery production.

The Ministry had received bids from seven companies during the re-bidding process for the 10 GWh ACC manufacturing capacity, with a maximum budgetary outlay of Rs 3,620 crore, as announced on January 24 this year.

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