News

MHI Announces Re-bidding of PLI for Advanced Chemistry Cell Manufacturing

New Delhi: The Ministry of Heavy Industries (MHI) has declared the re-bidding process for the Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on January 24, 2024. This initiative invites prospective applicants to submit their bids for establishing a domestic manufacturing facility for ACC, qualifying for incentives under the PLI ACC scheme. The transparent two-stage bidding process will take place online through the Quality and Cost Based Selection (QCBS) mechanism via the CPP Portal.

Tender documents became available on January 24, 2024, with a pre-bid conference scheduled for February 12, 2024. The bid due date is April 22, 2024, and bids will be opened on April 23, 2024.

MHI is dedicated to fostering the development and growth of sectors such as Capital Goods, Automobile, and Heavy Electrical Equipment in the country. The government, through MHI, is committed to providing clean and green public transport under the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) scheme. Additionally, through the PLI Auto and Auto components scheme, MHI supports enhancing India’s manufacturing capabilities and exports in the automobile and automobile components sector.

Dr. Mahendra Nath Pandey, Union Minister of Heavy Industries, emphasized MHI’s commitment to supporting India’s manufacturing capabilities and exports. He reiterated MHI’s dedication to realizing Prime Minister Shri Narendra Modi’s vision of a self-reliant (Atmanirbhar) and developed India (Viksit Bharat). In line with the vision of making the country net zero by 2070, the Ministry of Heavy Industries has undertaken initiatives to promote environmentally friendly product manufacturing in the automotive industry through schemes like PLI-Auto, PLI-Advanced Chemistry Cell, and FAME-II.

Bureau The News Hashtag

Recent Posts

Odisha Finalises Robust Framework For Rabi Paddy Procurement In KMS 2025-26

Bhubaneswar: The Odisha government on Monday finalised a comprehensive operational framework for paddy procurement during…

9 hours ago

Odisha To Host BRICS Disaster Risk Reduction Meet In Puri From June 3

Bhubaneswar: Odisha will host the BRICS Technical Meeting of the Disaster Risk Reduction Working Group…

9 hours ago

Odisha Launches Model Village Mission, MAGY To Transform Rural Infrastructure

Bhubaneswar: Odisha on Monday launched two ambitious rural transformation initiatives — the Model Village Mission…

9 hours ago

Rs 32-Crore Auditorium To Come Up At SIRD&PR In Bhubaneswar

Bhubaneswar: The Odisha government on Monday took a major step towards strengthening training and institutional…

10 hours ago

Odisha CM Reviews Textile, Defence Units in Khordha; Emphasises Local Employment Push

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Sunday visited two emerging industrial facilities in…

1 day ago

Odisha Tightens Vigil on Fertiliser Supply, Cracks Down on Hoarding and Misuse

Bhubaneswar: The Odisha government has intensified monitoring of fertiliser supply and distribution across the state…

3 days ago