Who among the following will build India's first 1GWh lithium-ion battery plant?
Bharat Heavy Electricals Limited
LIBCOIN
NTPC Limited
Both 1 and 2
Both 1 and 3
Answers
both 1 and 2
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BHEL and LIBCOIN in dialogue to build India's first lithium ion factory
By Capital Market | Last Updated at January 18 2019 17:50 IST
Consortium to initially build 1 GWh lithium ion battery plant and capacity will be scaled up to 30GWh in due course
Bharat Heavy Electricals (BHEL) and Libcoin are in dialogue to form a world class consortium to initially build 1GWh lithium ion battery plant in India. Its capacity will be scaled up to 30GWh in due course. With this, India has finally taken steps into its energy security and clean energy commitment to the world.
BHEL will be sending a team of senior officers for study of the facilities, R&D infrastructure and other techno-commercial issues soon. Based upon the evaluation and recommendations of the team, further process towards formation of Joint Venture will be carried forward.
This project will bring energy independence by replacing oil imports with abundant renewable. This project also includes Made by India, for India, with focus on core-cost components manufactured domestically. It will also create integrated manufacturing ecosystem resulting in self-reliance and lower cost.