Archive · 19 Nov 2025
Govt Toughens Stance, No Relief for ACC-PLI Defaulters
The government has told three companies that missed deadlines for setting up battery cell manufacturing plants that they must pay penalties.
The companies had asked for extensions and said they had trouble getting equipment from China.
The government said no to their requests and calculated the penalties they owe so far.
The companies haven't responded yet.
MHI issues fresh notices to ACC-PLI scheme defaulters
Companies directed to pay penalties accrued till September 30
Govt rejects companies' reasoning for delays
Penalties range from Rs 5 lakh to Rs 12.5 lakh per day
Companies yet to respond to penalty notices
- Who
- Ola Electric, Reliance New Energy, Rajesh Exports
- What
- Failed to meet ACC-PLI scheme timelines
- When
- Notices issued in 2023, scheme announced in 2021
- Where
- India
- Why
- To build domestic battery cell manufacturing capacity
Government's Stance
Companies' Stance
Reason for Delays
Government's Stance
Companies' inability to meet timelines
Companies' Stance
Difficulties in sourcing equipment from China
Penalty Waiver
Government's Stance
Government rejects requests for waivers
Companies' Stance
Companies seek relief due to delays
- Scheme Outlay
- Rs 18,100 crore
- Capacity to be Built
- 50 GWh of domestic battery cell manufacturing capacity
- Penalty for Ola Electric
- Rs 12.5 lakh per day
- Penalty for Reliance New Energy & Rajesh Exports
- Rs 5 lakh per day each
- Ola's Accumulated Dues
- Around Rs 35 crore
- Other Companies' Accumulated Dues
- Around Rs 14 crore each