India's cabinet approves production incentives plan for 'advanced battery cells'
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Prakash Javadekar: Advanced cell production plan is 'historic decision'. Photo: Press Information Bureau
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India’s cabinet today approved proposals for a battery manufacturing incentives scheme to attract international and domestic players to develop giga-scale advanced cell production facilities – and boost the use of battery energy storage across the country.
Environment and union minister, Prakash Javadekar, confirmed that the equivalent of around £1.9bn had been earmarked under a production-linked incentives plan for ‘advanced chemistry cells’ production – one of several sectors targeted to expand India’s manufacturing capabilities and exports.
Javadekar said the plan, which was outlined by World Battery News last November, was an "historic decision" to incentivise the establishment of an initial 50 GWh of battery production capacity, with the support of domestic and foreign investors and spur a "planet-friendly green growth path”.
Increased use of battery storage technology will encourage greater use of renewable electricity generation – such as solar power plants and rooftop solar – support grid stabilisation and reduce fuel imports by cutting back on the use of diesel-powered backup generators, Javadekar said.
Environment and union minister, Prakash Javadekar, confirmed that the equivalent of around £1.9bn had been earmarked under a production-linked incentives plan for ‘advanced chemistry cells’ production – one of several sectors targeted to expand India’s manufacturing capabilities and exports.
Javadekar said the plan, which was outlined by World Battery News last November, was an "historic decision" to incentivise the establishment of an initial 50 GWh of battery production capacity, with the support of domestic and foreign investors and spur a "planet-friendly green growth path”.
Increased use of battery storage technology will encourage greater use of renewable electricity generation – such as solar power plants and rooftop solar – support grid stabilisation and reduce fuel imports by cutting back on the use of diesel-powered backup generators, Javadekar said.
'Winning formula'
Battery storage can also help accelerate the manufacture and take-up of electric vehicles in India, the minister said.
"With more battery storage systems built in India… this will be a winning formula for climate change, green growth and our philosophy of ‘make and invest in India’.”
Earlier this year, India’s first grid-connected lithium-ion battery-based community energy storage system, in Delhi, was launched by Indian lead battery manufacturer, Exide Industries, in partnership with Swiss Li-ion battery company Leclanché.
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Exide Industries-Leclanché joint venture launches community battery storage system in Delhi
"With more battery storage systems built in India… this will be a winning formula for climate change, green growth and our philosophy of ‘make and invest in India’.”
Earlier this year, India’s first grid-connected lithium-ion battery-based community energy storage system, in Delhi, was launched by Indian lead battery manufacturer, Exide Industries, in partnership with Swiss Li-ion battery company Leclanché.
Related articles in our archive:
Exide Industries-Leclanché joint venture launches community battery storage system in Delhi