{"id":634276,"date":"2024-02-14T10:55:45","date_gmt":"2024-02-14T05:25:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=634276"},"modified":"2024-02-14T10:55:45","modified_gmt":"2024-02-14T05:25:45","slug":"the-real-hyundai-motor-stands-up-at-battery-pli-pre-bid-round","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/the-real-hyundai-motor-stands-up-at-battery-pli-pre-bid-round\/","title":{"rendered":"The real Hyundai Motor stands up at battery PLI pre-bid round"},"content":{"rendered":"<p>New Delhi: Reliance, Hyundai Motor, Mahindra and JSW were among 18 participants in a pre-bid round for the production-linked incentive (PLI) scheme to make advanced chemistry cell (ACC) batteries in India, said people with knowledge of the matter. Others at the pre-bid meeting included TVS Lucas, Ather, Larsen &amp; Toubro (L&amp;T), Amara Raja, Exide and Bharat Heavy Electricals Ltd (BHEL).<\/p>\n<p>The participation of the South Korean company is notable because a similarly named Hyundai Global Motors had got sops for setting up a 20 gigawatt hour (GWh) capacity in the earlier PLI auction round for ACC batteries, held in January 2022. It was eventually concluded that this was a case of impersonation and that Hyundai Global Motors had used fake documentation while bidding. ET first reported this in July 2022. Subsequently, the ministry of heavy industries (MHI) cancelled the capacity awarded to Hyundai Global Motors and called for rebids for the vacated capacity after a two-year gap.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Reliance, Hyundai Motor, Mahindra and JSW were among 18 participants in a pre-bid round for the production-linked incentive (PLI) scheme to make advanced chemistry cell (ACC) batteries in India, said people with knowledge of the matter. Others at the pre-bid meeting included TVS Lucas, Ather, Larsen &amp; Toubro (L&amp;T), Amara Raja, Exide and Bharat Heavy Electricals Ltd (BHEL). The participation of the South Korean company is notable because a similarly named Hyundai Global Motors had got sops for setting up a 20 gigawatt hour (GWh) capacity in the earlier PLI auction round for ACC batteries, held in January [&hellip;]<\/p>\n","protected":false},"author":39,"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-634276","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\/634276","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=634276"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634276\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=634276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=634276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=634276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}