Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage
The selected firms will have to set up the manufacturing capacity within two years
March 21, 2022
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Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors, and Rajesh Exports have been approved by the Ministry of Heavy Industries (MHI) for receiving incentives under the production-linked incentive (PLI) program for advanced chemistry cells (ACC) for energy storage, according to Mercom sources.