MHI all set to auction final 10 GWh of ACC PLI scheme
Business Standard|September 16, 2024
The Centre has kick-started the auction process for the final 10 gigawatt-hour (GWh) of the Advanced Chemistry Cell (ACC) Production-Linked Incentive (PLI) scheme designated for grid-scale battery storage.
NITIN KUMAR
MHI all set to auction final 10 GWh of ACC PLI scheme

Although this allocation falls under the Ministry of New and Renewable Energy (MNRE), the Ministry of Heavy Industries (MHI) will conduct the auction, Business Standard has learnt.

The MHI plans to consult with industry stakeholders and government bodies, including NITI Aayog, the Ministry of Power, and MNRE, over the coming month to ensure a smooth auction process and enhance India's ACC manufacturing capabilities.

"MHI will oversee the auction of the last remaining ACC PLI capacity. The ministry intends to hold an industry consultation round within a month," a senior government official said.

A query sent to MHI remained unanswered until the time of going to press.

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