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Energy Storage

Thursday
13 May 2021

India to Provide Incentives for Battery Storage

13 May 2021  by Reuters   

India's cabinet on Wednesday approved a proposal to provide incentives to boost domestic production of batteries with advanced energy storage capacities, a government minister said.

The 181-billion rupee ($2.47 billion) plan would reduce India's import dependence and help sectors such as consumer electronics, electric vehicles, and solar energy, Heavy Industries and Public Enterprises Minister Prakash Javadekar told a news conference.

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