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Ola Electric Secures Up To ₹7,240 Crore ACC PLI Window Through CY2031


12 August 2026
OLA Electric Mobility Ltd.

MHI approved revised ACC PLI timelines, securing up to ₹7,240 crore through CY2031 with quarterly disbursements from next quarter; Ola expects 6 GWh by quarter-end, ahead of the revised December 2026 milestone. Context: resolves the previously pending PLI extension overhang.


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