Heavy Industries Ministry to Launch 20 GW Battery Energy Storage Tender
POWER & RENEWABLE ENERGY

Heavy Industries Ministry to Launch 20 GW Battery Energy Storage Tender

The Ministry of Heavy Industries has scheduled the launch of a fresh tender by 10 August aimed at establishing 20 gigawatts of battery energy storage capacity as part of the nation's electric mobility mission acceleration plan.

Previously, the government had attempted to allocate 50 GW capacities under the PLI scheme for ACC battery storage, but 20 GW remained unallotted. Kamran Rizvi, the Secretary of the Ministry of Heavy Industries, revealed that bids are now being invited for the unallocated 20 GW. A stakeholder consultation with prospective bidders will be held on 24 July, and the official tender is expected to be available to the public by 10 August.

During a seminar on "Enabling Policies to Accelerate E-Mobility" at the 14th Clean Energy Ministerial (CEM) and Mission Innovation (MI) 8 meetings in Goa, Rizvi responded to a question by Amitabh Kant, the G20 Sherpa and former Niti Aayog CEO, regarding India's readiness in terms of battery capacity. He mentioned that out of the initial 30 GW capacity allotted by the government, 20 GW was awarded to Ola Electric, whose manufacturing plants are set to begin production by the end of the current year. Rizvi explained that the production would be gradual, starting with 5 GW and increasing to 20 GW over the following year. Additionally, Reliance Industries (RIL) is another partner working on Sodium Ion cell technology, and their plant is also in progress.

This initiative will make a total of 50 GW of government-funded battery capacity accessible to the public. Moreover, private companies have independently declared plans to add around 50 GW, resulting in approximately 100 GW of manufacturing capacity within the next 2-3 years.

Rizvi also shared that the government is working on another proposal to manufacture 5 GW of niche technologies for battery manufacturing. The ministry is actively seeking ten different technology partners involved in these upcoming and specialised technologies, with further details set to be made public by September.

The Ministry of Heavy Industries has scheduled the launch of a fresh tender by 10 August aimed at establishing 20 gigawatts of battery energy storage capacity as part of the nation's electric mobility mission acceleration plan.Previously, the government had attempted to allocate 50 GW capacities under the PLI scheme for ACC battery storage, but 20 GW remained unallotted. Kamran Rizvi, the Secretary of the Ministry of Heavy Industries, revealed that bids are now being invited for the unallocated 20 GW. A stakeholder consultation with prospective bidders will be held on 24 July, and the official tender is expected to be available to the public by 10 August.During a seminar on Enabling Policies to Accelerate E-Mobility at the 14th Clean Energy Ministerial (CEM) and Mission Innovation (MI) 8 meetings in Goa, Rizvi responded to a question by Amitabh Kant, the G20 Sherpa and former Niti Aayog CEO, regarding India's readiness in terms of battery capacity. He mentioned that out of the initial 30 GW capacity allotted by the government, 20 GW was awarded to Ola Electric, whose manufacturing plants are set to begin production by the end of the current year. Rizvi explained that the production would be gradual, starting with 5 GW and increasing to 20 GW over the following year. Additionally, Reliance Industries (RIL) is another partner working on Sodium Ion cell technology, and their plant is also in progress.This initiative will make a total of 50 GW of government-funded battery capacity accessible to the public. Moreover, private companies have independently declared plans to add around 50 GW, resulting in approximately 100 GW of manufacturing capacity within the next 2-3 years.Rizvi also shared that the government is working on another proposal to manufacture 5 GW of niche technologies for battery manufacturing. The ministry is actively seeking ten different technology partners involved in these upcoming and specialised technologies, with further details set to be made public by September. 

Next Story
Real Estate

Pune Records 11% Drop in Property Registrations in Nov

Property registrations in Pune saw a decline of 11 percent year-on-year in November, totaling 13,371 units, despite robust demand, according to a report by Knight Frank India. The real estate consultancy revealed that the total registrations in November 2024 generated a revenue of Rs 475 crore for the state. This marked a fall from last year's figure of 14,988 units in the same month. Compared to October 2024, when 20,894 units were registered, November’s figures represent a 36 percent decrease. Shishir Baijal, Chairman and Managing Director of Knight Frank India, stated that Pune’s proper..

Next Story
Infrastructure Energy

Oriana Power Signs MoU with Rajasthan in Clean Energy

Oriana Power, a publicly-listed company on the NSE, announced on Monday that it has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to invest Rs 10,000 crore in a series of clean energy projects. The projects will focus on solar energy, floating solar, green hydrogen, and energy storage solutions. The agreement was finalized in Jaipur during the recently concluded Rising Rajasthan Global Summit 2024. Oriana Power has identified six key locations in the state for these projects, including one in Bikaner, two in Churu, and three in Phalodi districts. Rupal Gupta, M..

Next Story
Infrastructure Energy

PM Surya Ghar Scheme Set to Surpass 10 Years of Solar Growth

The PM Surya Ghar Muft Bijli Yojana has achieved a remarkable milestone, surpassing 6.85 lakh solar installations within a year and poised to exceed a decade's worth of solar growth. The scheme, launched in February 2024, has already achieved 86 percent of the solar installations made in the last ten years. The 3-5 kW segment accounted for the majority of installations, at 77 percent, while 14 percent of installations were in the 5kW+ category. Gujarat led the charge with 2,86,545 installations, followed by Maharashtra with 1,26,344, Uttar Pradesh with 53,423, and Kerala. The scheme, which now..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000