Government awards Reliance New Energy Battery for 10 GWh more capacity under PLI ACC Scheme

Daily Current Affairs / Government awards Reliance New Energy Battery for 10 GWh more capacity under PLI ACC Scheme

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Category : National Published on: February 19 2025

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The Ministry of Heavy Industries (MHI) confirmed on February 18, 2025, that it has signed a program agreement with Reliance New Energy Battery Limited (a subsidiary of Reliance Industries Limited) under the said scheme.
The center has awarded a contract to Reliance New Energy Battery Limited for 10 gigawatt hours of Advanced Chemistry Cell (ACC) capacity following a competitive global bidding process, making it eligible for incentives under India's ₹18,100 crore Production Linked Incentive (PLI) ACC scheme.