Ola Electric, Reliance New Energy, Rajesh Exports ko ACC-PLI Scheme ki delays par penalty lagai

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AuthorSatyam Jha|Published at:
Ola Electric, Reliance New Energy, Rajesh Exports ko ACC-PLI Scheme ki delays par penalty lagai
Overview

India ke Ministry of Heavy Industries ne Ola Electric, Reliance New Energy, aur Rajesh Exports ko Advanced Chemistry Cell (ACC) Production-Linked Incentive (PLI) scheme ke mandated timelines poore na karne par penalty notices issue ki hain. Sarkar ne extensions aur penalty waivers ki requests ko reject kar diya hai aur manufacturing plant setup mein deri ke liye accrued penalties ki payment maangi hai. Daily fines Rs 5 lakh se Rs 12.5 lakh tak hain, jisse companies par significant dues jama ho gaye hain.

Ministry of Heavy Industries (MHI) ne Ola Electric, Reliance New Energy, aur Rajesh Exports ko Advanced Chemistry Cell (ACC) Production-Linked Incentive (PLI) scheme ke beneficiary hone ke naate strict notices issue ki hain. Yeh companies battery cell manufacturing plants establish karne ke liye mandated timelines meet karne mein fail hui hain. Sarkar ne unhein 30 September tak accrued penalties pay karne ka direction diya hai, jo yeh signal karta hai ki extensions aur penalty waivers ki unki requests reject ho gayi hain. Yeh ACC-PLI scheme ke implementation par Indian government ka ek firm stand hai, jo 2021 mein Rs 18,100 crore outlay ke saath domestic battery cell manufacturing capacity ke 50 GWh build karne ke liye launch hui thi. Scheme ke under, companies ko agreement sign karne ke two years ke andar plants set up karne honge aur investment aur domestic value-addition milestones meet karne honge, delays ke liye daily penalties apply hongi. Companies ne pehle relief maangi thi, supply chain disruptions aur China se critical equipment sourcing mein delays ko cite karte hue, export restrictions aur shipping issues ki wajah se. Unhone argue kiya tha ki necessary approvals milne ke baad bhi yeh bottlenecks unke execution ko hinder kar rahe hain. However, MHI ne yeh justifications reject kar diye hain, yeh batate hue ki penalties January 1, 2025 se applicable hain aur koi relaxation grant nahi ki gayi hai. Ola Electric, jise 20 GWh allocate kiya gaya tha, use daily Rs 12.5 lakh ki penalties face karni pad rahi hain, jisse around Rs 35 crore accumulate ho gaye hain. Reliance New Energy aur Rajesh Exports, jise 5 GWh each allocate kiya gaya tha, use daily Rs 5 lakh ki penalties face karni pad rahi hain, aur dues around Rs 14 crore each hain. Officials ne note kiya ki kuch firms ne minimal ground progress dikhaya hai, jisme Ola Electric ne capacity targets ko downwards revise kiya hai aur potential penalties ko acknowledge kiya hai. Plants commission karne ke liye December 2024 ki deadline mandatory hai, aur MHI ki notices compliance enforce karne ke liye hain. Impact: Yeh news in companies aur broader EV battery manufacturing sector in India ke investor sentiment ko significantly impact kar sakti hai. Government dwara timelines aur penalty enforcement par strict adherence PLI schemes mein execution risks ko highlight karta hai, jo future investment decisions aur company valuations ko potentially affect kar sakta hai. Rating: 7/10.

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