The incentives will be disbursed quarterly from the next quarter, giving Ola Electric a recurring incentive stream as it scales its cell-manufacturing business, the company said in a stock exchange filing. Also Read | Airtel Discontinues INR 299, INR 649, INR 799 Prepaid Plans, Hikes INR 859 Pack to INR 899. The revised timelines apply to Ola Electric's wholly owned subsidiary Ola Cell Technologies and its 20 GWh allocation under the ACC PLI scheme. Ola Electric currently has 2.5 GWh of installed cell-manufacturing capacity, with another 3.5 GWh under installation. It transforms the economics of our cell business by converting an earlier milestone overhang into a five-year, quarterly PLI opportunity of up to Rs 7,240 crore," Ola Electric Chairman and Managing Director Bhavish Aggarwal said.