Govt Awards Reliance 10GWh ACC Battery Capacity Under PLI Updated On Thu, Sep 5th, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) has now announced the selection of successful bidder under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage. Reliance Industries Limited has been awarded 10 GWh ACC capacity under Production Linked Incentive (PLI) scheme based on QCBS mechanism. This initiative is another step towards enhancing […] Read more
MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI Updated On Tue, Apr 23rd, 2024 by Saurenergy Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […] Read more
Govt Allocates Rs 500cr To Boost Electric Two & Three Wheelers Updated On Thu, Mar 14th, 2024 by Saurenergy The Ministry of Heavy Industries has now issued a notification to start a new scheme (Electric Mobility Promotion Scheme) especially dedicated to the promotion of electric two and three wheelers. As per the government notification, the scheme will be valid only for four months from April 1, 2024 to July 31, 2024. The ministry has […] Read more
India Established 7,432 EV Charging Stations Under FAME II: Minister Updated On Tue, Feb 6th, 2024 by Saurenergy Minister of State For Heavy Industries Krishan Pal Gurjar, in a written reply before the Parliament, shared details on the amount given to the Electric Vehicle (EV) manufacturers under Faster Adoption and Manufacturing (FAME-II) for Hybrid Electric Vehicles. “Rs. 5790 crores were given to electric vehicle manufacturers on sale of 13,41,459 EV under Phase II […] Read more
MHI Invites Re-Bidding For 10 GWh ACC Manufacturing Under PLI Updated On Thu, Jan 25th, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) recently released a tender for re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The Ministry of Heavy Industries (MHI) invited applicants to submit bids to set up a domestic manufacturing facility for ACC. This can help them qualify for incentives under the PLI […] Read more
MHI Extends PLI Scheme For Automobile and Auto Components By A Year Updated On Tue, Jan 2nd, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) in its gazette notification announced an extension of the tenure of the Production Linked Incentive Scheme (PLI) for Automobile and Auto Components by one year. This decision was made after receiving the approval of the Empowered Group of Secretaries (EGoS). Auto manufacturing remains the core of India’s manufacturing base, […] Read more
Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind Updated On Thu, Dec 17th, 2020 by Saurenergy Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […] Read more
