MHI

MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI

Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […]

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Govt Allocates Rs 500cr To Boost Electric Two & Three Wheelers

The Ministry of Heavy Industries has now issued a notification to start a new scheme (Electric Mobility Promotion Scheme) especially dedicated to the promotion of electric two and three wheelers. As per the government notification, the scheme will be valid only for four months from April 1, 2024 to July 31, 2024. The ministry has […]

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India Established 7,432 EV Charging Stations Under FAME II: Minister

Minister of State For Heavy Industries Krishan Pal Gurjar, in a written reply before the Parliament, shared details on the amount given to the Electric Vehicle (EV) manufacturers under Faster Adoption and Manufacturing (FAME-II) for Hybrid Electric Vehicles.  “Rs. 5790 crores were given to electric vehicle manufacturers on sale of 13,41,459 EV under Phase II […]

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MHI Invites Re-Bidding For 10 GWh ACC Manufacturing Under PLI

The Ministry of Heavy Industries (MHI) recently released a tender for re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The Ministry of Heavy Industries (MHI) invited applicants to submit bids to set up a domestic manufacturing facility for ACC. This can help them qualify for incentives under the PLI […]

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MHI Extends PLI Scheme For Automobile and Auto Components By A Year

The Ministry of Heavy Industries (MHI) in its gazette notification announced an extension of the tenure of the Production Linked Incentive Scheme (PLI) for Automobile and Auto Components by one year. This decision was made after receiving the approval of the Empowered Group of Secretaries (EGoS). Auto manufacturing remains the core of India’s manufacturing base, […]

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Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind

Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […]

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