Q. What is the outlay of the PLI Scheme for Advanced Chemistry Cell (ACC) Battery Storage?
Answer:
Rs 18100 cr
Notes: The Union Cabinet approved a ₹18,100 crore production-linked incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage.
The prime objective is to set up 50 giga watt hour (GWh) manufacturing capacity for advance chemistry cell batteries. This is expected to accelerate switching to electric vehicles to curb pollution and reduce oil imports.