The Ministry of Heavy Industries in New Delhi has received bids from seven companies for the establishment of advanced chemistry cell (ACC) manufacturing units with a capacity of 10 GWh each, according to a press release from PIB.
These companies submitted their bids under the Production Linked Incentives (PLI) Scheme for 10 GWh Advanced Chemistry Cell (ACC) on January 24, 2024. The pre-bid meeting took place on February 12, 2024, and the deadline for submitting applications was April 22, 2024. The list of bidding companies includes ACME Cleantech Solutions Private Limited, Amara Raja Advanced Cell Technologies Private Limited, Anvi Power Industries Private Limited, JSW Neo Energy Limited, Reliance Industries Limited, Lucas TVS Limited, and Waaree Energies Limited.
The proposed battery manufacturing units collectively have a capacity of 70 GWh. In May 2021, the cabinet approved the National Programme on Advanced Chemistry Cell (ACC) for battery manufacturing with an allocation of Rs 18,100 crore. The first round of the ACC PLI bidding concluded in March 2022, with three beneficiary firms receiving a total capacity of 30 GWh.
Program agreements with the selected beneficiary firms were signed in July 2022. On January 24, 2024, the government issued a Request for Proposal (RFP) to select a bidder to establish advanced chemistry cell manufacturing units with a total manufacturing capacity of 10 GWh and a maximum budgetary outlay of Rs 3,620 crore.