Govt revises ACC PLI timelines for Ola Electric; unlocks up to ₹7,240 crore

The MHI revision is much more than a timeline extension. The approval secures a full five-year PLI window through CY2031 for Ola Electric's 20 GWh allocation and unlocks up to ₹7,240 crore in cumulative PLI incentives, the company said in a statement