The Indian authorities state the country’s newest 10 GWh tender was oversubscribed. It brought in 7 bidders, consisting of ACME Cleantech Solutions, Reliance Industries, and Waaree Energies.
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From pv publication India
India’s Ministry of Heavy Industries (MHI) has actually gotten 7 quotes for its worldwide tender for the rebidding of production-linked rewards (PLI) for 10 GWh advanced chemistry cell (ACC) production, initially revealed in January 2024.
ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy, Reliance Industries, Lucas TVS, and Waaree Energies sent quotes for 70 GWh of cumulative capability, versus 10 GWh tendered.
In May 2021, the authorities authorized the INR 18,100 crore ($2.5 billion) PLI Scheme to accomplish 50 GWh of ACC production capability.
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The preliminary of the ACC PLI bidding was concluded in March 2022, and 3 recipient companies were assigned 30 GWh of overall capability. Amongst the gaining companies, Ola Electric Mobility protected rewards support for 20 GWh, Dependence New Energy Solar won 5 GWh, and Rajesh Exports took 5 GWh. The program contract with chosen recipient companies was checked in July 2022.
In January, MHI provided a tender to establish 10 GWh of ACC production capability, with an optimum PLI expense of INR 3,620 crore.
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