Sevenethics · CC0Govt eases battery PLI norms to attract more storage players; subsidies lowered
The government eased norms under its production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage, floating a fresh 10 GWh tender on 15 July while lowering subsidies to attract more players. The tender is the final tranche of the larger 50 GWh initiative under the Rs 18,100-crore ACC PLI scheme, marking a shift in policy priorities.
Nabka Insight
Battery-storage PLI ties into India's energy-transition and manufacturing-incentive schemes, a frequent economy-and-schemes theme.
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- A fresh 10 GWh tender was floated on 15 July under the ACC battery PLI scheme.
- It is the final tranche of a 50 GWh initiative under the Rs 18,100-crore PLI scheme for advanced chemistry cells.
- Subsidies were lowered to attract more storage players.
Background
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