Reliance arm to build 10 GWh Advanced Chemistry Cell capacity under PLI scheme
18 Feb 2025
Programme Agreement Signed with Reliance New Energy Battery Limited for 10 GWh capacity under the PLI for Advanced Chemistry Cell (ACC) Scheme Out of 50 GWh capacity, 40 GWh cumulative capacity has been awarded under the scheme.
Posted On: 18 FEB 2025 11:29AM by PIB Delhi
Reliance New Energy Battery Limited, a subsidiary of Reliance Industries Ltd (RIL), has signed an agreement with the ministry of heavy industries for the manufacture of Advanced Chemistry Cell (ACC) batteries under the Production Linked Incentive (PLI) scheme.
Under the agreement signed on Monday, Reliance New Energy Battery Limited will be building 10 GWh of ACC capacity, which has been awarded to the company under a competitive global tender. The company will be eligible for incentives under the government's Rs18,100 crore PLI-ACC scheme.
The government has so far awarded 40 GWh of the planned 50 GWh capacity through competitive bidding, which is a major milestone for the government’s advanced battery manufacturing scheme.
The `National Programme on Advanced Chemistry Cell (ACC) Battery Storage,’ approved by the union cabinet in May 2021, with a total outlay of Rs18,000 crore, is a technology neutral programme.
The programme, supported by the PLI scheme, has set a target of achieving a total manufacturing capacity of 50 GWh. Of this, 40 GWh capacity has so far been awarded to four selected bidders.
In the first round of bidding conducted in March 2022, a total of 30 GWh capacity was awarded to three bidders and the agreements for the round were signed in July 2022.
The PLI ACC scheme is designed to boost local value creation and to ensure a globally competitive battery manufacturing ecosystem in India. The scheme allows the participant firms to adopt the most suitable technology and associated inputs for establishing state-of-the-art ACC manufacturing facilities. The battery storage system will mainly benefit the EV and renewable energy storage sectors.
Besides the PLI scheme, the Union Budget for FY26 has proposed several measures aimed at accelerating domestic battery manufacturing and supporting the growth of the e-mobility in the country. The Budget has exempted 35 additional capital goods for EV battery manufacturing from basic customs duty (BCD).
The ministry of heavy industries has also taken measures to create an enabling environment for innovation, building a robust domestic supply chain, and attracting foreign direct investment/ Outside the PLI scheme 10 companies are setting up a total of 100+ GWh additional capacity in the country.
