- Rajesh Exports Limited
- Hyundai Global Motors
- Ola Electric Mobility
- Reliance New Energy Solar
ACC-PLI scheme: Amara Raja, Exide, L&T, Lucas TVS and Ola Electric among 10 firms looking to set up giga factories in India
"This is great news and a major milestone for the Indian energy storage and e-mobility industry. Thanks to NITI Aayog and DHI team for believing in the vision and dedicated work of IESA over the past five years and taking it to the conclusion," said Dr. Rahul Walawalkar, Founder and President, India Energy Storage Alliance (IESA) -- India's only industry alliance focused on promoting advanced energy storage and e-mobility technologies in India since 2012.
"In 2016, IESA set a vision to make India a global hub for advanced energy storage and e-mobility technologies by 2022. Last year, we have upgraded the vision to build on the ACC PLI with a roadmap for 50+ GWh ACC manufacturing capacity by 2027 and scaling it to 100+ GWh of capacity by 2030. IESA is committed to support the building of a complete supply chain ecosystem for making India a global hub for R&D and manufacturing of advanced energy storage technologies," he added.
IESA thanked the leadership of Amitabh Kant, NITI Aayog, and the DHI leadership team including Arun Goyal, Sudhendu Sinha, and R P Gupta, including the core team of Sujit Jena, Randheer Singh and Aman Hans, who worked tirelessly over the past two years to gather inputs from all interested stakeholders and developed the ACC PLI scheme.
IESA was anticipating 2-3 bids of 15-20GWh, 3 bids of 10+ GWh, and another 3-4 bids of 5-10 GWh totalling 100 GWh+ capacity to be bid in the ACC PLI.
The alliance estimates, the annual demand for ACC batteries will grow from under 10 GWh at present to over 50 GWh by 2025 and over 150 GWh by 2030-- that makes the PLI, a crucial scheme for making India a global hub for R&D and manufacturing of advanced energy storage technologies.
Currently, battery storage finds use in consumer electronics, electric vehicles, storage for renewable energy, data centres, and others -- these sectors are expected to witness robust growth in the coming years, and with that, the demand for battery storage is expected to surge.
As per Indian government estimates, India imports INR 20,000 crore worth of battery storage equipment.
Further, battery storage is critical to establishing a domestic supply chain for meeting India's ambitious targets of having 30% of car sales to be electric and 50 percent of its energy requirements from renewable energy by 2030.
Debi Prasad Dash, Executive Director of IESA explained that the "ACC PLI program also will kick start investments in the supply chain as the program has a mandate of minimum 60% domestic value addition for receiving the government incentive."
Last December, IESA launched India Battery Supply Chain Council (IBSCC) with 20+ leading supply chain, components, and equipment providers to develop a complete supply chain for supporting giga factories.
"IBSCC is not just for supporting Indian domestic giga factories but the other giga factories being set up in Europe and USA as well," Dash added.
This PLI scheme for Advanced Chemistry Cell (ACC) (₹18,100 crore) along with the already launched PLI Scheme for automotive sector (₹25,938 crore) and Faster Adaption of Manufacturing of Electric Vehicles (FAME) (₹10,000 crore) will enable India to leapfrog from traditional fossil fuel-based automobile transportation system to environmentally cleaner, sustainable, advanced and more efficient Electric Vehicles (EV) based system, MHI stated.
With a view to developing a holistic ecosystem for the supply chain of batteries, India Energy Storage Alliance (IESA) is organizing India Battery Manufacturing and Supply Chain summit on Thursday in Delhi. On the occasion India Battery Supply Chain Council (IBSCC) will be launched. IBSCC will serve as a common platform for relevant stakeholders to work on the complete development of the battery supply chain needed to support planned giga factories in India.
Eminent industry leaders, think tanks, scholars and policy makers including Sudhendu Sinha, Advisor, Infrastructure Connectivity and Electric Mobility, NITI Aayog; Tim White, Counsellor Commercial, Trade and Investment Commissioner, Australian High Commission, New Delhi; Randheer Singh, Sr Specialist and Director, NITI Aayog; T K Balaji, Managing Director, Lucas TVS; Vikram Handa, Managing Director, Epsilon Carbon; Vijayanand Samudrala, President – New Energy, Amara Raja Batteries; Tata Narasinga Rao, Director (Additional Charge), International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) among others are expected to attend the summit.
IESA expects by 2035, India's battery demand will be over 650 GWh with the manufacturing capacity of 500 GWh. Up to 20,00,000 jobs are likely to be created across the EV and energy storage ecosystem. The supply chain adds economic and strategic cost due to the importance of the raw materials that are availability is limited and refined in a few places globally.
Hyderabad: World Energy Storage Day (WESD) virtual global conference & expo is being organised on Wednesday to commemorate the fifth WESD to foster a global ecosystem for the promotion of energy storage and emerging technologies. India Energy Storage Alliance (IESA) is organising the WESD-global conference & expo.
The 24-hour marathon event will be held on September 22, 2021, covering four global regions (encompassing Asia Pacific, India – Russia, Europe – the Middle East & Africa, and North & South America) with sessions on stationary energy storage, e-mobility, and charging infrastructure, manufacturing, innovation, R&D and green hydrogen.
The event is expected to attract global participation from over 100 countries with an intent to facilitate bilateral trade, market development, and new research and innovation with the participation of regulators, policymakers, and international speakers.
The conference will also have nine parallel workshops organised by various partners. These workshops aim to help in skill development, to understand and learn the fundamentals of advanced energy storage technology trends, to bring together stakeholders to catalyse partnerships and activities, share experience on best-practice technologies, to help identify any gaps, and international cooperation.
The event will have four conference tracks each of eight hours that will be available to the participants in different languages namely English, Chinese, Japanese, German, Korean, Spanish, Hindi, and French.
Leading organisations, government bodies, national labs, and associations across the globe will be presenting their country’s contribution in the sector and will deliberate on the latest trends.