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September 04,2024

Reliance Wins Bid for 10 GWh Battery Capacity

Reliance Industries secured a bid for an additional 10 GWh of Battery manufacturing capacity under India's PLI scheme, earning Rs 3,620 crore in incentives. This is in addition to the 5 GWh previously awarded. The PLI scheme aims for a total 50 GWh capacity. Other companies also bid, with Reliance's new plant set to begin production next year.

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