India issues global tender for 10 GWh battery manufacturing
after close1 source ↓written by the desknot a recommendation
- of advanced battery
- 10 GWh
- within two years
- 25% domestic value addition
- two years
- 40% within five years
India’s Ministry of Heavy Industries has launched a global tender for 10 GWh of advanced battery cell manufacturing under the PLI scheme. Bidders must achieve 25% domestic value addition within two years and 40% within five years. This initiative aims to boost local manufacturing and attract foreign investment in the energy sector. ⚡
• Bidders to submit separate technical and financial bids.
• Financial bids opened only for technically qualified applicants.
• Selected companies can receive incentives based on their commitments.
Not investment advice. For informational purposes only.