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Tender to Set Up 50 GWh of ACC for Energy Storage Receives Massive Response

Ten companies quoted a total capacity of 130 GWh and oversubscribed the tender by 2.6 times

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The Ministry of Heavy Industries’ (MHI) tender to select manufacturers for setting up production capacities for at least 50 GWh of advanced chemistry cell (ACC) for energy storage under the production-linked incentive (PLI) program was oversubscribed by 2.6 times with 130 GWh capacity.

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