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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

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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.

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