Reliance Industries secures 10 GWh ACC capacity under India PLI Scheme

New Delhi: The Ministry of Heavy Industries (MHI) has announced Reliance Industries Limited as the successful bidder under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) battery storage. Reliance has been awarded a 10 GWh ACC manufacturing capacity, following a rigorous evaluation process based on the Quality and Cost Based Selection (QCBS) mechanism.

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This selection marks a significant stride in enhancing India’s domestic manufacturing capabilities, reducing dependence on imports, and positioning the country as a global leader in ACC battery production. The initiative aligns with India's broader strategy to boost local manufacturing and support the Atmanirbhar Bharat (self-reliant India) Mission.

The bidding process attracted seven companies, including ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy, Lucas TVS, and Waaree Energies, cumulatively offering 70 GWh of capacity. After thorough evaluation, six companies were shortlisted for financial assessment, with Reliance Industries emerging as the top-ranked bidder.

The remaining shortlisted companies—ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Waaree Energies, JSW Neo Energy, and Lucas TVS—have been placed on a waiting list according to their ranks.

The PLI ACC scheme, launched in May 2021 with a budgetary outlay of Rs. 18,100 crore, aims to establish a manufacturing capacity of 50 GWh of advanced chemistry cells. The scheme has witnessed substantial interest from industry players, reaffirming India’s status as a preferred global manufacturing hub.

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