{"id":610767,"date":"2023-10-17T10:18:01","date_gmt":"2023-10-17T04:48:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=610767"},"modified":"2023-10-17T11:04:30","modified_gmt":"2023-10-17T05:34:30","slug":"govt-mulling-another-production-linked-incentive-scheme-for-batteries-r-k-singh","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-mulling-another-production-linked-incentive-scheme-for-batteries-r-k-singh\/","title":{"rendered":"Govt mulling another production-linked incentive scheme for batteries: R K Singh"},"content":{"rendered":"<p>The government will bring out another production-linked incentive scheme for batteries to bring down cost and boost the adoption of electric vehicles in India, union minister R K Singh said on Monday. Speaking at the EV (electric vehicles) Ready India Dashboard of OMI Foundation, the Union Power and New &amp; Renewable Energy Minister said, &#8220;We are coming out with another production-linked incentive (PLI) to increase the volumes (of storage or battery).&#8221;<\/p>\n<p>He was of the view that the price of storage will come down with (higher) volumes. &#8220;Price of storage will come down only if you add volumes. That is why there is a production-linked incentive (PLI) for storage,&#8221; he said.<\/p>\n<p>He pointed towards limited battery manufacturing capacity in the world and termed it as a reason for high prices. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government will bring out another production-linked incentive scheme for batteries to bring down cost and boost the adoption of electric vehicles in India, union minister R K Singh said on Monday. Speaking at the EV (electric vehicles) Ready India Dashboard of OMI Foundation, the Union Power and New &amp; Renewable Energy Minister said, &#8220;We are coming out with another production-linked incentive (PLI) to increase the volumes (of storage or battery).&#8221; He was of the view that the price of storage will come down with (higher) volumes. &#8220;Price of storage will come down only if you add volumes. That is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-610767","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=610767"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610767\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=610767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=610767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=610767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}