Online bidding will be held under QCBS mechanism
Around 100 participants from about 20 companies have attended the Ministry of Heavy Industries (MHI) pre-bid conference on 12 Nov 2021 under the ACC Production Linked Incentive (PLI) scheme and a response to RFP on 22 October 2021 when it invited bidders for a total manufacturing capacity of ACC battery storage of 50 Giga Watt Hour (GWh) with an outlay of Rs.18,100 crore.
Presentations were made on the terms and conditions, technical details of ACC manufacturing and various incentives and opportunities to promote ACC battery manufacturing in the country.
The bidding will be held online through a transparent two-stage process, under the Quality and Cost Based Selection (QCBS) mechanism.
Key features of the selection process include satisfying the eligibility criteria, transparent bidding process, full flexibility in innovation for ACC battery manufacturing, optimised payment structures, promoting self-reliant India through domestic value addition and setting up of ACC manufacturing facilities.
ACCs are the new generation advance 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. The consumer electronics, electric vehicles, advanced electricity grids, solar roof top etc. which are major battery consuming sectors are expected to achieve robust growth in sales volume in the coming years. It is expected that the dominant battery technologies will control some of the world’s largest growth sectors.
While several companies have already started investing in battery packs, though the capacities of these facilities are too small when compared to global averages, but there still is negligible investment in manufacturing, along with value addition, of ACCs in India.
All the demand of the ACCs is currently being met through imports in India. The National Programme on Advanced Chemistry Cell (ACC) Battery Storage will reduce import dependence, said MHI in a release on 15 Nov 2021. #projects #investment #manufacturing /fiinews.com
