Reliance, Mahindra, JSW among participants in battery PLI pre-bid meeting

Reliance, Mahindra, JSW, and TVS Lucas are among the 18 companies that participated in a pre-bid meeting for setting up 10 GWh battery manufacturing facilities under the Production Linked Incentive (PLI) scheme. Sops worth around Rs 3,620 crore are being offered in this round.

An official statement said that 45 participants from these 18 companies had taken part in the pre-bid discussions. The bid due date is April 22, 2024.