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February 18,2025

MHI Signs PLI Agreement with Reliance New Energy Battery Ltd for ACC

The Ministry of Heavy Industries (MHI) signed a programme agreement with Reliance New Energy Battery Ltd. under the PLI Scheme for Advanced Chemistry Cells (ACC). This agreement grants Reliance 10 GWh ACC capacity, contributing to India’s 50 GWh manufacturing goal. The scheme aims to boost local battery manufacturing, supporting EVs and Renewable Energy.

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