RIL, ACME Solar Among 22 Companies Bid for 10 GWh Battery Storage Capacity Under PLI Scheme

The Ministry of Heavy Industries has received 22 bids for setting up 10 GWh of advanced battery manufacturing capacity in India. The capacity is meant for grid-scale energy storage projects under the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) batteries. 

The technical bids were opened on November 11, a day after the November 10 deadline. The tender was issued on July 15, and a pre-bid meeting was held on July 29. The selection will follow a two-stage online process based on quality and cost. 

Major Companies Among the Bidders 

The bidders include companies from the solar, power and battery sectors. Some of the names are Reliance Industries, Amara Raja Advanced Cell Technologies, JSW Neo Energy, Waaree Energy Storage Solutions, Vikram Solar and ACME Solar Holdings. 

A total of 22 companies have submitted bids, showing interest from both established players and other businesses looking to enter the battery storage space. 

Part of India's 50 GWh Battery Plan 

The 10 GWh capacity on offer is part of the government's larger target of setting up 50 GWh of domestic ACC battery manufacturing capacity. The Union Cabinet approved the PLI scheme in May 2021 with a total budget of ₹18,100 crore. 

The capacity is reserved for Grid-Scale Stationary Storage applications. These systems can store electricity and supply it when required, which is particularly important as the use of renewable energy increases.  

Read More: Punjab Government Increases DA to 221% for Computer Teachers! 

Conclusion 

The government will now move ahead with the selection process for the 10 GWh capacity. The response from 22 bidders gives the scheme a wide pool of companies to choose from as India works to build its battery storage manufacturing base.  

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