ETTelecomRepresentative ImageProduction of the first set of advanced chemistry cell batteries in India is likely to commence by January 2024, Union Minister Mahindra Nath Pandey said on Tuesday. In May 2021, the government approved the PLI (Production Linked Incentives) scheme for manufacturing ACC (Advanced Chemistry Cell) batteries at an estimated outlay of Rs 18,100 crore. ACCs are the new generation advanced energy storage technologies that can store electric energy, either as electrochemical or chemical energy and convert it back to electric energy as and when required. “In December this year or by January next year, we will see the start of the manufacturing of the ACC batteries in the country,” the Union Minister of Heavy Industries said. Pandey was speaking at the 63rd annual convention of the auto industry body SIAM here. All the demand for the ACCs is currently being met through imports in India. The minister said the government has been coming up with various p...