Cell companies seek flexible terms on capacity under PLI plan
batteries used in electric vehicles, consumer electronics and high-tech electricity grids — have asked the government to make flexible the minimum capacity required to be set up for availing of incentives under the ₹18,100 crore production linked incentive (PLI) scheme for advanced chemistry cells (ACC).
The government has been pushing the shift towards EVs in its bid to clamp down on crude oil imports and vehicular pollution. The PLI scheme for ACC has been floated to make India self-reliant in the transition to clean energy, when the country is projected to see sales of a million electric cars and 22 million electric two-wheelers by 2030.
Senior government officials ET spoke with said industry stakeholders have recommended that the government reduce the minimum capacity required to become eligible for PLI ACC and make it flexible at 1 GWh (gigawatt hours) or 3 GWh from the minimum of 5 GWh in the earlier round, to allow more companies to participate and foster innovation.
«We have held consultations with stakeholders.
They have asked for more flexibility in minimum capacity. We are looking into it.
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