The PM e-Bus Sewa – Payment Security Mechanism (PSM) Scheme:

MHI has notified the Scheme on October 28, 2024 with a total financial outlay of Rs. 3,435.33 crore, aims to ensure payment security for OEMs/operators in case of default by Public Transport Authorities (PTAs) for e-bus procurement and operations under Gross Cost Contract (GCC) or similar models. Covering 38,000 or more e-buses for up to 12 years, the scheme includes mechanisms such as Escrow Accounts and Direct Debit Mandates (DDM) with RBI to recoup funds in case of non-payment. PTAs are required to repay disbursed funds within 90 days. MHI has designated Convergence Energy Services Limited (CESL) as the implementing agency and formed a Steering Committee for monitoring. The scheme supports sustainable urban mobility by fostering private investment and promoting risk management in e-bus adoption. The detailed Standard Operating Procedures (SOPs) has been issued.

As of 22^nd December 2025 the Direct Debit Mandate (DDM), which is an essential requirement under the Scheme, is submitted to Reserve Bank of India (RBI) by 15 State/UTs (Gujarat, Karnataka, Rajasthan, Punjab, Telangana, Andhra Pradesh, Madhya Pradesh, Meghalaya, Maharashtra, Uttarakhand, Odisha, J&K, Puducherry, Assam and Manipur), who have participated in either PM E-DRIVE Scheme of MHI or PM-eBus Sewa Scheme of MoHUA.

Production-Linked Incentive (PLI) Scheme for Advance Chemistry Cell (ACC) Battery Storage: The Ministry of Heavy Industries is administering the Production Linked Incentive (PLI) scheme namely “National Programme on Advanced Chemistry Cell (ACC) Battery Storage,” approved in May 2021 with a total outlay of Rs. 18,100 crore to establish 50 GWh of domestic Advanced Chemistry Cell manufacturing capacity. Total scheme period is 7 years with first 2 years as gestation period and next 5 years as performance period.

Out of total targeted ACC capacity of 50 GWh, 30 GWh capacity has been awarded during round-1 of the bidding to 3 beneficiary firms viz. M/s ACC Energy Storage Pvt. Ltd. (5 GWh); M/s Ola Cell Technologies Pvt. Ltd. (20 GWh) & Reliance New Energy Battery Storage Ltd. (5 GWh) and 10 GWh capacity has been awarded during round-2 of the bidding to 1 beneficiary firm i.e. M/s Reliance New Energy Battery Ltd. The remaining 10 GWh capacity has been earmarked for Grid Scale Stationary Storage applications.

M/s Ola Cell Technologies Pvt. Ltd. has established a Giga-Scale ACC manufacturing plant with an installed capacity of 1 GWh. Since March 2024, the firm has commenced pilot production and is presently working toward stabilizing operations for full-scale commercial production.

The scheme has attracted an investment of Rs. 2,878 crore and employment of 1,118 till 30.10.2025.

Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector- Phase- II

On January 25, 2022, the Ministry of Heavy Industries (MHI) has notified the Scheme on Enhancement of Competitiveness in The Indian Capital Goods Sector- Phase-II for providing assistance to Common Technology Development and Services Infrastructure. The scheme has a financial outlay of Rs. 1207 crores with budgetary support of Rs.975 crore and Industry Contribution of Rs.232 crore. There are six components under the Scheme for Enhancement of Capital Goods Sector Phase II, namely:

1. 1. Identification of Technologies through Technology Innovation Portals;
2. 2. Setting up of four New Advanced Centres of Excellence and augmentation of Existing Centres of Excellence;
   3. Promotion of skilling in Capital Goods Sector–creation of Qualification packages for skill levels 6 and above;
   4. Setting up of four Common Engineering Facility Centres (CEFCs) and augmentation of existing CEFCs;
   5. Augmentation of Existing Testing and Certification Centres;
3. 6. Setting up of ten Industry Accelerators for Technology Development

Under Phase II of the Scheme, a total of 29 projects with project cost of Rs. 891.37 crores and Govt Contribution of Rs. 714.64 crore have been sanctioned so far. These 29 projects include 7 Centres of Excellence (CoEs), 4 Common Engineering Facility Centres (CEFCs), 6 Testing and certification centres, 9 Industry Accelerators for Technology development and 3 projects for Creation of Qualification Packs for skill level 6 and above.

Achievements of Capital Goods Scheme:

1. C4i4, Pune has developed the Industry 4.0 Maturity Model (I4MM) tailored for Indian manufacturing companies and, under this initiative, has compiled over 50 Industry 4.0 use cases, conducted more than 100 digital maturity assessments primarily in the automotive sector, identified over 500 improvement initiatives, trained more than 500 digital champions, and launched a free online self-assessment tool to help MSMEs accelerate the adoption of Industry 4.0.
2. A Common Engineering Facility Centre (CEFC) was established at the Welding Research Institute, under which more than 9,000 personnel were trained. In addition, to address skill gaps across different sectors, 58 Qualification Packs (QPs) for high- end technologies were sanctioned, of which 48 have been completed. Further, over 92,000 students, academia members, and industry professionals were connected through Technology Innovation Platforms (TIPs).
3. Technologies developed under the Scheme have entered export markets, including France, Belgium, Qatar, and other countries. ARTPARK, IISc Bengaluru has developed and commercialized three technologies through online e-commerce platforms. CG Scheme Phases I and II together have generated ₹309.17 crore in revenue. The Scheme has also delivered strong intellectual property outcomes, with 80 patents filed, including International Patents and 18 IPRs granted till date.
4. CMTI developed 15 MSME-oriented technologies in Digital Twin, Automation, IoT, and Industry 4.0 domains. Whereas, IIT Delhi developed 10 technology solutions covering Automation, IIoT, Smart Sensing, OPC UA implementation, Machine-to- Machine communication, Augmented Reality, Part Tracking, and Barcode Scanning.
5. Five products developed under the Scheme were displayed at IMTEX 2025, and four products developed under the Scheme were launched at the Delhi Machine Tools Expo 2025.

Other Initiatives-

1. The Ministry of Heavy Industries organized a Round Table Conference on “Aggregation of Multi-Sectoral Long-Term Battery Storage Capacity Demand and Preparation of a Long-Term Action Plan to meet the demand” at Vigyan Bhawan, New Delhi, on 25.11.2025