Ola is the sole battery production linked incentive beneficiary with established capacity. Union minister H D Kumaraswamy informed the Lok Sabha. Ola’s current battery manufacturing capacity under the scheme is 1 GigaWatt hour. Other beneficiaries like Reliance New Energy and ACC Energy Storage have no current capacity. The center plans to support 50 GWh advanced chemistry cell capacity.
Ola only battery PLI beneficiary with established capacity: Centre
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