Reliance New Energy Battery awarded 10 GWh under PLI scheme for Advanced Chemistry Cell; 40 of 50 GWh now allotted
The Ministry of Heavy Industries signed a Programme Agreement with Reliance New Energy Battery Limited for 10 GWh of Advanced Chemistry Cell capacity under the ₹18,100 crore PLI scheme on 17 February 2025.
Summary
On 17 February 2025 the Ministry of Heavy Industries signed a Programme Agreement with Reliance New Energy Battery Limited, a subsidiary of Reliance Industries, awarding it 10 GWh of Advanced Chemistry Cell (ACC) battery capacity after a global tender under the Production Linked Incentive scheme. The National Programme on ACC Battery Storage was approved by the Cabinet in May 2021 with an outlay of ₹18,100 crore for 50 GWh of capacity. With this signing, 40 GWh has been awarded to four firms; three firms were given 30 GWh in the first round of bidding in March 2022.
Key facts
- Date
- 17 February 2025
- Beneficiary
- Reliance New Energy Battery Ltd (Reliance Industries subsidiary)
- Capacity awarded
- 10 GWh
- Scheme
- PLI for ACC Battery Storage; ₹18,100 crore; approved May 2021; target 50 GWh
- Status
- 40 GWh awarded to four firms (30 GWh to three firms in 2022)
Practice MCQs 3 questions
How much Advanced Chemistry Cell capacity was awarded to Reliance New Energy Battery Limited under the PLI scheme on 17 February 2025?
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Correct answer: A — 10 GWh
The Programme Agreement awards Reliance New Energy Battery Limited 10 GWh of ACC capacity after a global tender.
After the Reliance agreement of February 2025, how much cumulative capacity had been awarded under the PLI scheme for Advanced Chemistry Cell?
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Correct answer: C — 40 GWh
With this signing, a cumulative capacity of 40 GWh has been awarded to four firms out of the scheme's 50 GWh target.
Consider the following statements about the PLI scheme for Advanced Chemistry Cell (ACC) battery storage: 1. It was approved by the Cabinet in May 2021 with an outlay of ₹18,100 crore. 2. It aims at a total manufacturing capacity of 50 GWh. 3. In the first round of bidding in March 2022, the entire 50 GWh was allotted. Which of the statements given above is/are correct?
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Correct answer: D — 1 and 2 only
The scheme was approved in May 2021 with ₹18,100 crore for 50 GWh; the first round in March 2022 allotted only 30 GWh to three firms, so only the first two statements are correct.