The budget for the advanced chemistry cell sector has gone up 6x in the last few years, reflecting the government’s continuous focus to boost the country’s energy storage ecosystem, a senior official said.
The National Programme on Advanced Chemistry Cell (ACC) battery storage was approved by the Union Cabinet on May 12, 2021 with budgetary outlay of Rs 18,100 crore.
The scheme is aimed at strengthening the ecosystem for electric mobility and battery storage in the country.
