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Govt awards RIL full quota of Advanced Chemistry Cell under PLI-II

Business Standard LogoBusiness Standard12h ago

Govt awards RIL full quota of Advanced Chemistry Cell under PLI-II - Business Standard

Quick Summary:

In the first round of auctions in 2022, RIL’s subsidiary, Reliance New Energy Solar Limited, secured 5 GWh.

By adding 10 GWh of ACC capacity under the current phase, RIL now holds the highest capacity among all other players in the segment which participated in the PLI scheme worth Rs 18,000 crore.

RIL is currently constructing an advanced chemistry-based battery manufacturing facility with a 30 GWh annual capacity in Jamnagar.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 19:36:08 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22366970

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 331 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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