TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Kavach Enhances Rail Safety

    A New Era of Rail Safety in India : Kavach 4.0 Commissioned on Mathura-Kota Section of the Delhi-Mumbai route

    Seeking Inspiration from PM Modi, BJP's Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Seeking Inspiration from PM Modi, BJP’s Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    'I PAC is actively attempting to disrupt the law and order situation in West Bengal': BJP

    ‘I-PAC is actively attempting to disrupt the law and order situation in West Bengal’: BJP

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ndia’s ‘PRALAY’ Missile Can Strike Silently — Even From a Truck

    DRDO Tests 5,000 Kg Radar-Evading ‘Pralay’ Ballistic Missile Capable of Precision Strikes from Mobile Truck Launchers

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    Guns to Chocolates—Shah Links Pahalgam Terror to Pakistan

    Guns, Pakistani Chocolates, Voter IDs: Amit Shah Nails Proof on Pahalgam Terrorists Killed In Operation Mahadev

    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Mobarak, a key Razakar in Brahmanbaria, was accused of aiding Pakistani forces in brutal 1971 war crimes.

    Bangladesh SC Acquits Razakar Mobarak Hossain in 1971 War Crimes Case Amid Hindu Persecution

    India Scores Diplomatic Win as UN Names TRF in Monitoring Report

    India Scores Diplomatic Win as UNSC Names TRF in Sanctions Monitoring Report

    MEA Refutes ‘Inaccurate’ Claims by Grand Mufti on Nimisha Priya’s Death Sentence Being Cancelled

    Grand Mufti’s Claims on Nimisha Priya’s Death Sentence Being Cancelled Are ‘Inaccurate’: MEA

    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Kavach Enhances Rail Safety

    A New Era of Rail Safety in India : Kavach 4.0 Commissioned on Mathura-Kota Section of the Delhi-Mumbai route

    Seeking Inspiration from PM Modi, BJP's Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Seeking Inspiration from PM Modi, BJP’s Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    'I PAC is actively attempting to disrupt the law and order situation in West Bengal': BJP

    ‘I-PAC is actively attempting to disrupt the law and order situation in West Bengal’: BJP

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ndia’s ‘PRALAY’ Missile Can Strike Silently — Even From a Truck

    DRDO Tests 5,000 Kg Radar-Evading ‘Pralay’ Ballistic Missile Capable of Precision Strikes from Mobile Truck Launchers

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    Guns to Chocolates—Shah Links Pahalgam Terror to Pakistan

    Guns, Pakistani Chocolates, Voter IDs: Amit Shah Nails Proof on Pahalgam Terrorists Killed In Operation Mahadev

    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Mobarak, a key Razakar in Brahmanbaria, was accused of aiding Pakistani forces in brutal 1971 war crimes.

    Bangladesh SC Acquits Razakar Mobarak Hossain in 1971 War Crimes Case Amid Hindu Persecution

    India Scores Diplomatic Win as UN Names TRF in Monitoring Report

    India Scores Diplomatic Win as UNSC Names TRF in Sanctions Monitoring Report

    MEA Refutes ‘Inaccurate’ Claims by Grand Mufti on Nimisha Priya’s Death Sentence Being Cancelled

    Grand Mufti’s Claims on Nimisha Priya’s Death Sentence Being Cancelled Are ‘Inaccurate’: MEA

    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

An import burden of Rs 20,000 Cr will turn into a trillion-dollar opportunity with India’s ACC battery push

Sanbeer Singh Ranhotra by Sanbeer Singh Ranhotra
13 May 2021
in Economy1
Clean Energy, Modi government, PLI Scheme, ACC Battery, India
Share on FacebookShare on X

Modi government has been pushing for clean energy for quite some time now. In a big move, which will result in import substitution of no less than Rs 20,000 crores, the Union Cabinet on Wednesday approved a Rs 18,100 crore production-linked incentive (PLI) scheme for the setting up of advanced chemistry cell (ACC) battery storage facilities. According to a Livemint report, these would be Tesla-style Giga factories to manufacture batteries, which in turn will fuel India’s clean energy push and power the country’s electricity grids and upcoming electric vehicle industry.

The report added that the plan is to set up 50 Giga watt-hour (GWh) manufacturing capacity for advance chemistry cell batteries by attracting investments totalling Rs 45,000 crores, according to the government. One GWh (1,000 megawatt-hour) of battery capacity is sufficient to power 1 million homes for an hour and around 30,000 electric cars. With the approval for a production-linked incentive to prospective ACC battery storage facilities, India is projected to save a whopping $2 to $2.5 trillion over a period of five years, as such facilities will severely liberate India from its need to import oil.

RelatedPosts

Amid Trump Tariff Row, India’s Trade Deficit Hits 3-Year Low in February

Income Tax Calculator: Explaing Modi govt’s major tax relief for Middle Class

As ‘One Nation, One Election’ Bill reportedly gets Cabinet nod, here is how Electoral Reset would Revolutionize Indian Democracy

Load More

The specific PLI scheme is named the National Programme on Advanced Chemistry Cell (ACC) Battery Storage, and the government says that the programme will reduce import dependence. It will also support the Aatmanirbhar Bharat initiative. “Each selected ACC battery storage manufacturer would have to commit to set up an ACC manufacturing facility of minimum 5GWh capacity and ensure a minimum 60% domestic value addition at the project level within five years,” the government said in a statement.

Read more: Short on luck, India has no Lithium reserves for the electric vehicle age. But it has a plan

Under the PLI scheme, the government said, “The beneficiary firms have to achieve a domestic value addition of at least 25% and make the mandatory investment of Rs 225 crore /GWh within 2 years (at the mother unit level) and raise it to 60% domestic value addition within 5 years.” According to the Financial Express, battery-consuming sectors including consumer electronics, electric vehicles, advanced electricity grids and solar rooftop, are expected to benefit from the move.

The PLI scheme meant for ACC battery storage would especially be beneficial for India as it would place the country as a global hegemon when it comes to producing clean energy and critical equipment required for the same. Advance Chemistry Cells (ACCs) are the new generation advanced storage technologies that can store electric energy either as electrochemical or as chemical energy and convert it back to electric energy as and when required.

The scheme would also help India significantly cut down on its oil dependence. India is the third-largest importer of oil and is especially prone to price fluctuations which can be triggered by a variety of reasons. To stay clear of all such scenarios, the Modi government has taken a timely and much-needed decision to incentivise ACC battery storage facilities in the country.

Tags: ACC battery storageModi governmentPLI scheme
Share92TweetSend
Previous Post

If Sidhu leaves the Congress party, he will not leave alone. In fact, he has a team of dissenters ready

Next Post

PM CARES Fund that was reviled by the media and opposition is now proving to be a boon for the citizens

Related Posts

real estate
Economy1

India Retains Top Spot Among Global Investment Hubs for Land and Development Projects

11 June 2025

India has reaffirmed its position as one of the world's most attractive destinations for cross-border investment in land and...

Centre approves Rs 10,601 Crore for Assam’s Namrup-IV Fertilizer Project
Business

Centre approves Rs 10,601 Crore for Assam’s Namrup-IV Fertilizer Project

19 March 2025

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a proposal to establish a new brownfield ammonia-urea...

RBI Wins Digital Transformation Award 2025 by Central Banking, London, UK, PM Modi Congratulates the RBI
Business

RBI Wins Digital Transformation Award 2025 by Central Banking, London, UK, PM Modi Congratulates the RBI

16 March 2025

Commendable accomplishment: PM Modi hails RBI’s digital transformation award win New Delhi, March 16 (IANS) Prime Minister Narendra Modi...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

NISAR Explained: Why the World Is Watching ISRO and NASA’s Next Move

NISAR Explained: Why the World Is Watching ISRO and NASA’s Next Move

00:07:26

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

00:04:08

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

00:06:31

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

00:08:32

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

00:07:57
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited