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Ola only battery PLI beneficiary with established capacity: Centre

Ola is the sole battery production linked incentive beneficiary with established capacity. Union minister H D Kumaraswamy informed the Lok Sabha. Ola's current battery manufacturing capacity under the scheme is 1 GigaWatt hour. Other beneficiaries like Reliance New Energy and ACC Energy Storage have no current capacity. The center plans to support 50 GWh advanced chemistry cell capacity.

9 Dec 2025 6:40 pm