Govt may ease battery PLI rules as companies raise concerns
India may relax some of the conditions set in the ₹18,100 crore production linked incentive (PLI) scheme to attract investments from a host of companies in the energy and power sector.
This follows concerns raised by battery makers such as Tata Chemicals Ltd and Amara Raja Batteries Ltd on the eligibility criterion, as well as penalties and high localization norms to claim benefits under the scheme, said three people directly aware of the developments.
During talks with officials at NITI Aayog and the ministry of heavy industries and public enterprises, the companies aired apprehensions about the penalty clause and the minimum bid size of 5 gigawatts per hour (GWh)
