The government is considering financial incentives such as import and export duty waivers to woo battery manufacturers to set up a globally competitive manufacturing base in India.
Following the Indian government’s 40 GW plan for the states, Telangana has pitched for setting up a 5 GW lithium ion plant by announcing the ready availability of 200 acres of land and power and water for the fab at a concessional rate.
The preliminary proposals must reach the ministry by June 30. These will be examined by a committee and the shortlisted parties will be invited to submit final proposal.
The acquisition would be made through Khanij Bidesh India Ltd (KABIL)—a joint venture of three public-sector mining units—which recently visited the Lithium Triangle countries in South America (Chile, Argentina and Bolivia) to explore the possibility of lithium acquisition.
Bidding is now allowed up to June 20. Bidders are required to submit the respective corrigendum along with the bid, duly signed and stamped.
The Mumbai-based engineering company, which acquired a majority stake in electric scooter maker Ampere Vehicles last year, is currently building a supply chain for the proposed EV battery manufacturing plant.
With Leclanché due to open a module and battery pack assembly line in Gujarat alongside JV partner Exide Industries by the end of next month, the Swiss storage solutions company has been active nearer its home market.
In a recent survey, an overwhelming 73% of respondents said they remain upbeat about India’s renewable growth prospects, despite recent policy reversals and various other operational challenges the industry faces.
The import of secondary cells and batteries of lead-acid and nickel-based chemistries will be allowed subject to IEC 61427 certiﬁcation of the product and certiﬁcate issued by the MNRE, along with an undertaking from the supplier that the products will be utilised for solar PV power projects only.
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