Google-The Ministry of Heavy Industries (MHI) seeks proposals for 10 GWh manufacturing capacities for Advance Chemistry Cell (ACC) under the Production Linked Incentive program.
-The tender aims to allocate unutilized 20 GWh capacity from the previous ACC battery storage program.
– Submission deadline: April 22, 2024, with a budgetary outlay of ₹36.2 billion.
– Selected bidders commit to ACC manufacturing with specified value addition levels.
– Subsidy disbursement tied to achieving committed capacity, value addition, and initiating ACC sales over five years.
Originally published on Mercom India