Centre Approves Rs 18,100 Crore PLI Scheme For ACC Battery Storage

The Centre has approved for implementation of the Production Linked Incentive (PLI) scheme to enhance capabilities in cell battery storage production in country. Under the 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage, the government aims to boost the production of electric vehicle (EV) and solar cell sectors. Planning to create 50 GWh of ACC manufacturing facilities, the scheme has Rs 45,000 crore layout for ACC Battery storage manufacturing projects.