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Reliance wins 10 GWh battery manufacturing capacity in India, eligible for big incentives under the PLI scheme.
The Indian Ministry of Heavy Industries signed a deal with Reliance New Energy Battery Limited, awarding the company a 10 GWh capacity for advanced chemistry cell manufacturing under the Production Linked Incentive (PLI) scheme.
This makes Reliance eligible for incentives under India's ₹18,100 crore PLI scheme, aimed at boosting local battery manufacturing for electric vehicles and renewable energy storage.
The agreement is part of recent budget measures to enhance domestic lithium-ion battery production and support the e-mobility sector.
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Reliance gana 10 GWh de capacidad de fabricación de baterías en la India, elegible para grandes incentivos bajo el esquema PLI.