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Govt pushing ACC battery storage scheme, budget hiked 6x in last few years: Official

By Economic Times - 6 months ago
The budget allocation for the advanced chemistry cell (ACC) sector has increased sixfold in recent years, indicating the government's commitment to enhancing the country's energy storage capabilities. The National Programme on Advanced Chemistry Cell (ACC) battery storage, approved by the Union Cabinet in May 2021 with a budget of Rs 18,100 crore, aims to bolster the electric mobility and battery storage ecosystem in India.

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