Production-Linked Incentive Program for Battery Storage Gets Cabinet Approval

The implementation of the program is likely to facilitate a direct investment of ₹450 billion

May 13, 2021

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The Union Cabinet has approved the ‘National Program on Advanced Chemistry Cell Battery Storage’ under the production-linked incentive (PLI) initiative. According to the Cabinet’s notification, the program aims to achieve 50 GWh of advanced chemistry cell and 5 GWh of niche advanced chemistry cell manufacturing capacity with an outlay of ₹181 billion (~$2.46 billion).

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Rakesh Ranjan

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Production-Linked Incentive Program for Battery Storage Gets Cabinet Approval

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