April 20, 2024 01:57 (IST)
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Reliance, Hyundai, M&M among 10 in fray for PLI in ACC scheme

New Delhi/UNI: In a strong signal of private sector interest in the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage, Reliance New Energy Solar, Hyundai Global Motors Company and Mahindra & Mahindra are among the 10 companies which have bid for 130 Gwh of manufacturing capacity which the Government proposes to award.

Reliance, Mahindra, Hyundai submit bids for battery scheme: Report

New Delhi/IBNS: Reliance Industries, Mahindra & Mahindra and South Korean automaker Hyundai have submitted bids for the $2.4 billion battery scheme, Reuters reported.