India Completes Land Acquisition for 40 GWh PLI-ACC Battery Manufacturing Capacity
⚡ Quick Read What happened: The Ministry of Heavy Industries confirmed that land acquisition is complete for 40 GWh of battery manufacturing capacity awarded to Rajesh Exports, Ola Electric, and Reliance New Energy under the PLI-ACC scheme. Why it matters: While land is secured, only 1 GWh of the 50 GWh target is currently commissioned,…
