Govt to hold stakeholder talks for ACC battery PLI scheme on July 24

The Centre is planning to hold stakeholder consultations on July 24 for fresh bids in order to fill the 20 Gigawatt hour (GWh) slot, which fell vacant after one of the initial candidates who qualified, Hyundai Global Motors, exited from the production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage, Business Standard has learnt.

“The new bids proposal is in the final stages. Industry consultations will happen on July 24,” said top government officials, adding, “The fresh tender is likely in the first half of next month.”