MHI Awards 10 GWh ACC Battery Capacity to Reliance under PLI Scheme

Final evaluation of the shortlisted bidders was carried out as per Quality & Cost Based Selection (QCBS) mechanism and the bidders were ranked based on their combined technical and financial scores.

September 04, 2024. By Aishwarya

The Ministry of Heavy Industries (MHI) has awarded Reliance Industries a 10 GWh Advanced Chemistry Cell (ACC) Battery Storage capacity under the Production Linked Incentive (PLI) Scheme, based on the Quality and Cost Based Selection (QCBS) mechanism.

This initiative is another step towards enhancing domestic manufacturing capacity, reducing import dependence, and positioning India as a global leader in ACC battery manufacturing.

MHI had received bids from seven bidders under global tender for the there-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing with a maximum budgetary outlay of INR 3,620 crores, announced on January 24, 2024.

The list of bidders (in alphabetical order) who had submitted bids in response to this tender were ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy Limited, Lucas TVS, Reliance Industries, and Waaree Energies for a cumulative capacity of 70 GWh.

All seven (7) bids were evaluated, and six (6) companies were shortlisted for financial evaluation as per the requirements under the RFP. Accordingly, the financial bids for the qualified bidders were opened on August 2, 2024, after the announcement of the results of the technical evaluation, under the transparent global tender process of RFP through the CPP portal of the Govt. of India.

Final evaluation of the shortlisted bidders was carried out as per Quality & Cost Based Selection (QCBS) mechanism and the bidders were ranked based on their combined technical and financial scores. The Ministry has awarded the 10 GWh PLI ACC capacity to the shortlisted bidder with the highest overall score, i.e., Reliance Industries Ltd., and the remaining five shortlisted bidders are put on the waiting list as per their rank, starting from Rank II onwards.

Bidders who were waitlisted under the program are: ACME Cleantech Solutions Pvt. Ltd. (Waitlist 1), Amara Raja Advanced Cell Technologies Pvt. Ltd. (Waitlist 2), Waaree Energies Ltd. (Waitlist 3), JSW Neo Energy Ltd. (Waitlist 4), and Lucas TVS Ltd. (Waitlist 5).

In May 2021, the Cabinet had approved the technology-agnostic PLI Scheme on 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for achieving a manufacturing capacity of Fifty (50) Giga Watt hours (GWh) of ACC with an outlay of INR 18,100 Crore. The first round of the ACC PLI bidding was concluded in March 2022, and three beneficiary firms were allocated a total capacity of 30 Giga Watt hours (GWh), and the programme agreement with selected beneficiary firms was signed in July 2022.

The PLI ACC scheme has been a huge success in terms of the bids received to manufacture advanced chemistry cells in India. The overwhelming response shows that the industry has reposed its faith in India’s stellar progress as a world-class manufacturing destination, which resonates strongly with PM’s clarion call of Atmanirbhar Bharat- a self-reliant India.

Tags:

Sustainable Transport

Ministry of Heavy Industries

PLI Scheme for Grid Scale Storage

Reliance Industries Ltd

ACME Cleantech Solutions

Amara Raja Advanced Cell Technologies