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The Ministry of Heavy Industries, Government of India, has extended the bid submission and technical bids opening dates for its global tender under the Rare Earth Permanent Magnet (REPM) scheme. This extension, from May to June 2026, accommodates requests from participating stakeholders and aims to enhance participation. The initiative, supported
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The Ministry of Heavy Industries organized a National Conference in Bengaluru, focusing on strengthening EV charging infrastructure across India under the PM E-DRIVE Scheme. Emphasizing the Government's commitment to a future-ready EV ecosystem, the conference approved new charging infrastructure projects worth ₹503.86 crore and highlighted the importance
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The Ministry of Heavy Industries conducted a high-level meeting to explore financing solutions for the adoption of electric buses and trucks, engaging diverse stakeholders including government entities, banks, and industry groups. The initiative aims to support electric vehicle uptake aligned with India's decarbonization goals and energy security under
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The Ministry of Heavy Industries (MHI) recently held a pre-bid conference for its new scheme to promote the manufacturing of Sintered Rare Earth Permanent Magnets in India. The conference, aimed at potential bidders, saw participation from 25 companies. The project involves setting up facilities with a capacity of 6,000
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The Ministry of Heavy Industries, India, has announced the launch of new electric vehicle public charging stations (EV PCS) under the FAME-II scheme. Out of the 9,332 chargers sanctioned, 6,645 are now operational as of March 2026. The Ministry of Power has set guidelines for the installation and
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The Ministry of Heavy Industries is overseeing the Production Linked Incentive (PLI) scheme titled 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' which aims to enhance domestic manufacturing capacity of ACCs to 50 GWh. As of now, 40 GWh have been allocated to four beneficiary companies with
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A meeting of the Consultative Committee of the Ministry of Heavy Industries was chaired by Union Minister Shri H.D. Kumaraswamy at the New Parliament Building. The discussions centered around India's manufacturing goals and transition to sustainable energy, with presentations from key officials on initiatives like Vande Bharat
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The Ministry of Heavy Industries is advancing its Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage with a significant investment of ₹18,100 crore to build a 50 GWh domestic manufacturing capacity. As of now, 40 GWh capacity has been allocated to four firms, yet only
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The Indian Ministry of Heavy Industries has launched the second phase of the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector. With a financial outlay of Rs. 1207 crores and significant budgetary support, 29 projects across various states have been sanctioned to enhance the sector's
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The Ministry of Heavy Industries oversees the capital expenditure of operational Central Public Sector Enterprises for the development and expansion of industrial projects. Over the past three financial years, significant investments were made, with Bharat Heavy Electricals Ltd. seeing substantial increases in CapEx. Source: Original Link
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The Ministry of Heavy Industries has issued a global tender to select beneficiaries for setting up integrated Sintered Rare Earth Permanent Magnet manufacturing facilities in India with a capacity of 6,000 MTPA. This initiative is part of the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet, approved
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The Ministry of Heavy Industries of India detailed significant growth in electric vehicle registrations from 2019 to 2025, influenced by several government initiatives such as the Production Linked Incentive Schemes and others aimed at boosting domestic manufacturing and addressing supply chain resilience. Source: Original Link