The Ministry of Heavy Industries (MHI) has announced the re-bidding of Production Linked Incentives (PLI) for the manufacturing of 10 GWh Advanced Chemistry Cells (ACC) on 24/01/2024.
The bidding process aims to select eligible bidders for the establishment of giga-scale ACC manufacturing facilities. The initiative falls under the PLI ACC scheme, promoting the production of technology-agnostic ACC in India.
Also read | BEML Ltd Boosts Aerospace Business in Bengaluru at Devanahalli SEZ
Transparent Bidding Process Through Online Platform
The bidding process will be conducted online through a transparent two-stage mechanism, utilizing the Quality and Cost Based Selection (QCBS) approach via the CPP Portal. The two-stage process ensures a fair and competitive selection of bidders.
Key Dates for Prospective Bidders
Tender documents are available online starting from 24/01/2024. Prospective bidders are invited to submit their bids by the due date on 22nd April 2024. The bids will be opened on 23rd April 2024.
Also read | Government Approves 7 Mega Integrated Textile Parks to Boost Indian Industry
PLI ACC Scheme’s Focus on Technology Agnostic ACC Manufacturing
The PLI ACC Scheme emphasizes the manufacturing of technology-agnostic Advanced Chemistry Cells within India. This strategic move aims to boost the domestic production of ACC and incentivize companies participating in the scheme.
MHI’s Commitment to Industrial Sectors
MHI promotes the growth of Capital Goods, Automobile, and Heavy Electrical Equipment sectors. It supports the development of these industries in the country. Initiatives such as the PLI Auto and Auto Components scheme and Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) contribute to the overall goal of creating a robust supply chain and reducing dependence on fossil fuels.
Also read | Ashok Leyland to deliver 1225 fully built Viking buses to Karnataka State Transport Undertakings
Union Minister’s Perspective
Dr. Mahendra Nath Pandey, Union Minister of Heavy Industries, emphasized MHI’s commitment to fostering India’s manufacturing capabilities and exports in the automobile and automobile component sector.
The re-bidding of PLI for ACC aligns with Prime Minister Shri Narendra Modi’s vision of a self-reliant (Atmanirbhar) and developed India (Viksit Bharat), along with the goal of making the country net zero by 2070.
Also read | NHAI Enhances National Highway Experience with ‘One Vehicle One FASTag’ Initiative
Background and Previous Rounds
In May 2021, the Cabinet approved the technology-agnostic PLI Scheme on the ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ with a target manufacturing capacity of Fifty (50) Giga Watt hours (GWh).
The first round of ACC PLI bidding concluded in March 2022. It resulted in the allocation of a total capacity of Thirty (30) Giga Watt hours (GWh) to three companies. The current re-bidding focuses on achieving a total manufacturing capacity of 10 Giga Watt hours (GWh) under the same scheme.
Conclusion
The Ministry’s release of the Request for Proposal (RFP) marks a significant step toward achieving the objectives outlined in the PLI Scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage.’ The government’s commitment to fostering a sustainable and self-reliant industrial ecosystem is evident in these strategic initiatives.
Also read | Bengaluru Airport Witnesses Impressive Growth in 2023
