Reliance Industries and several battery and energy companies are among 22 shortlisted to bid for a government tender linked to battery storage. The tender targets 10 GWh of battery storage capacity and is set to allocate ₹3,620 crore to companies that invest in domestic cell manufacturing and begin sales.
Mint reports that, while the tender includes domestic cell manufacturing and sales requirements, the broader PLI-ACC scheme has not seen incentive disbursements since it launched in 2021. Business Line lists part of the company set competing for the capacity, including firms such as Amara Raja, Exide, and Waaree Energy Storage Solutions. The Economic Times frames the same development as 22 firms pursuing the 10 GWh battery “prize” under the PLI-linked programme.
