Latest News | No Plan to Reopen Application Window for PLI Auto: Govt

New Delhi, Aug 11 (PTI) There is no plan to reopen the application window for companies under the production linked incentive (PLI) scheme for the automobile sector, Parliament was informed on Friday.

In a written reply to the Lok Sabha, Minister of State for Heavy Industries Krishan Pal Gurjar said that the ministry is implementing two PLI schemes - automobile and auto components, and advanced chemistry cell (ACC) battery storage.

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"In PLI auto, there is no plan to reopen the application window. As regards PLI ACC, a total (of) 50 GWh ACC manufacturing was allocated to four successful bidders in March 2022 through RFP/ bidding process," he said.

Subsequently, one of the awardee bidders was disqualified for violation of the terms and conditions of the RFP/ bid document and 20 GWh ACC capacity became spare.

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After that, the Empowered Group of Secretaries (EGoS) recommended to re-allocate the 20 GWh ACC capacity through fresh bidding.

The ministry has published a SoP (standard operating procedure) for the PLI auto scheme to process the claims for incentives under the scheme.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)