Three companies sign batterymanufacturing incentives scheme

Three companies have agreements in place for the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell Battery Storage. The companies picked are Reliance New Energy Limited, Ola Electric Mobility Private Limited, and…

OLA electric strikes deal with heavy industries ministry

In accordance with the government’s production-linked incentive programme, Ola Electric claimed to have struck a deal with the ministry of heavy industries for the local manufacture of advanced battery cells. The government had…

Reliance New Energy to invest Rs 50.16 crore in Altigreen

Reliance New Energy Limited (RNEL), a wholly-owned subsidiary of Reliance Industries Ltd, announced a Rs 50.16 crore investment in Bangalore-based Altigreen Propulsion Labs Private Ltd. (Altigreen).   Altigreen is a firm that develops…