Govt eases battery PLI norms to attract more storage players; subsidies lowered
The government eased norms under its ₹18,100-crore production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage, while lowering subsidy levels to attract more players. A new 10 GWh tender, floated on 15 July, forms the final part of the larger 50 GWh initiative. The relaxed terms aim to widen participation in domestic battery-storage manufacturing.
Nabka Insight
PLI outlays and the technology they cover are frequently tested scheme details.
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- PLI scheme for advanced chemistry cells (ACC), worth ₹18,100 crore.
- New 10 GWh tender floated on 15 July, the final part of a 50 GWh initiative.
- Subsidy levels lowered to draw more players.
Background
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