Reliance New Energy Battery secures 10 GWh ACC PLI allocation

Reliance New Energy Battery has won 10 GWh under India’s ₹18,100 crore advanced chemistry cell PLI scheme, taking total awarded capacity to 40 GWh. The allocation strengthens Reliance Industries’ domestic battery-manufacturing push across EV and energy-storage demand.

— FiledSun, 27 Sept, 2026, 11:57 IST·First seen Sun, 27 Sept, 2026, 11:49 IST·Source Fortune India

What happened

Reliance New Energy Battery won 10 GWh of ACC capacity under India’s ₹18,100 crore PLI scheme, supporting domestic battery manufacturing for EVs and energy

Key facts

  • 10 GWh ACC capacity awarded to Reliance New Energy Battery
  • ₹18,100 crore ACC PLI scheme
  • 40 GWh allocated to four beneficiaries out of 50 GWh available
  • 30 GWh allocated in the March 2022 bidding round
  • 20 GWh awarded to Ola Electric in the first round

What changed

Reliance New Energy Battery won 10 GWh of ACC capacity under India’s ₹18,100 crore PLI scheme, supporting domestic battery manufacturing for EVs and energy storage. The allocation raises total awarded capacity to 40 GWh of the 50 GWh programme.

Why this matters

Reliance’s 10 GWh ACC PLI award strengthens its ability to build a domestic battery supply chain that can support future EV, energy-storage and retail-adjacent mobility initiatives.

What to watch

  • Disclosure of plant location, investment size, technology partner and first-production timeline.
  • PLI milestone compliance, incentive disbursement terms and any changes to India's ACC localization requirements.
  • Large storage tenders, renewable-plus-storage auctions and state-level procurement commitments.
  • Binding battery offtake agreements with automakers, fleet operators, utilities or industrial customers.
  • Evidence of domestic supply-chain localization and recycling partnerships.