Home News Union Cabinet Approves National Program on ACC Battery Storage ; Invites Comments by 14th December

Union Cabinet Approves National Program on ACC Battery Storage ; Invites Comments by 14th December

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Union Cabinet Approves National Program on ACC Battery Storage ; Invites Comments by 14th December

Union cabinet has recently accorded its in-principle approval for the “National Programme on Advanced Chemistry Cell Battery Storage” ACCProgramme).

Regarding the same NITI Aayog has published (NITI Website) the first draft of the Model Bid Documents to initiate Stakeholders Consultation.

All stakeholders are instructed to provide their written comments by or before 14 th December, 2020.  The comments are to be sent in the enclosed format, in electronic and editable form. 

Stakeholder’s meet is scheduled at NITI Aayog, New Delhi on 18th December, 2020 at 11:00am through virtual mode and details will be shared separately. All those interested in attending the meet should send a line of confirmation latest by 16 th December 2020 by email. 

Advance Chemistry Cells (“ACCs”) are the new generation advanced storage technologies that can store electric energy either as electrochemical or as chemical energy and convert it back to electric energy as and when required. Globally, manufacturers are investing in these new generation technologies at commercial scale to fill the expected boom in battery demand through 2030. 

This is a first of its kind incentive initiative by the Government to promote Make in India and to attract global investments into setting-up of ‘Gigafactories’ in India. 

To know more refer to the document below:

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