×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 16 January, 2022

  • 8 Min Read

PLI Scheme for Advance Chemistry Cell (ACC) Battery

What are ACC Batteries?

  • ACCs are the new generation of 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.
  • They will cater not only to electric vehicles but also to the consumer electronics industry, solar rooftops, and electricity grids.

PLI Scheme for ACC Battery

  • The Government on 12th May, 2021 approved a Production Linked Incentive (PLI) Scheme for manufacturing of Advance Chemistry Cell (ACC) in the country.
  • The objective of the scheme is to align battery manufacturing in India with the “Make in India” and “Atmanirbhar Bharat” initiatives and reduce import dependence.
  • The total outlay of the scheme is Rs. 18,100 Crore for a period of 5 years.
  • The scheme envisages to establish a competitive ACC battery manufacturing set up in the country (50 GWh).
  • Additionally, 5GWh of niche ACC technologies is also covered under the Scheme.
  • The scheme proposes a production linked subsidy based on applicable subsidy per KWh and percentage of value addition achieved on actual sales made by the manufacturers who set up production units.
  • This scheme will facilitate reduction of import dependence of ACC battery and will reduce prices of batteries used in electric vehicles.
  • The Ministry of Heavy Industries is supporting IIT Madras for their project namely “Setting up of Center for Battery Engineering”. The objective of the project is mainly R&D studies on performance analysis of batteries and its testing, Understanding of Battery Management Systems (BMS), Design and Optimization of Battery Systems, Secondary use case of Batteries, Recycling of Batteries.

Other Production Linked Incentive (PLI) Schemes in India

Source: PIB


What is Mission Indradhanush ?

Mission Indradhanush was launched in 2014 under the Ministry of Health and Family Welfare.  1. Between 2009 - 2013, only 1% coverage per year has increased. We have to make it to 5%. 2. Objectives of Mission Indradhanush: We have the aim of full coverage by 2020. Cover all those children who are either unvaccinated or are part

Mediation Bill 2021 - Detailed Overview

A Bill that could alter the Mediation landscape The background behind Mediation Bill:         In General, Disputes Became part and parcel of  Day-to-Day Life. Someone or the Other belonging to family or else not a part of the family would be fighting for something. These Disputes may be for Smaller or B

Military exercises of India

List of all Military Exercises of India 2021 Military Exercises of India with Neighbours Sampriti: India & Bangladesh Mitra Shakti: India & Sri Lanka Surya Kiran: India & Nepal Hand in Hand Exercise: India & China Ekuverin: India & Maldives Military Exercises of India with Other countries Maitree Exer

Consumer Protection Rules, 2021

Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021 1) Pecuniary Jurisdiction The Consumer Protection Act, 2019 The Consumer Protection Act, 2019 promulgates a three-tier quasi-judicial mechanism for redressal of consumer disputes namely district commissions, state

Swachh Bharat Mission (Urban) 2.0

The Swachh Bharat Mission - Urban (SBM-U), launched on 2nd October 2014 aims at making urban India free from open defecation and achieving 100% scientific management of municipal solid waste in 4,041 statutory towns in the country. The objectives of the mission are mentioned below: Elimination of open defecation Eradication of Manual S

Students Achievement

Search By Date

Newsletter Subscription
SMS Alerts