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Telangana ready to set up Giga-Scale Li-ion Battery Manufacturing Plant
Chief Secretary of the State, Shri S K Joshi, has reiterated the commitment and readiness of the State to establish a Giga-Scale Li-ion battery manufacturing plant in the State.
Chief Secretary of the State, Shri S K Joshi, has reiterated the commitment and readiness of the State to establish a Giga-Scale Li-ion battery manufacturing plant in the State.
In the recently concluded video conference by CEO of NITI Aayog Mr Amitabh Kant, S K Joshi has emphatically stressed that Telangana is ideally suited for hosting 5GWh capacity battery manufacturing plant as envisioned by the Government of India. He explained that Telangana has a readily available land bank of 200 acres close to the airport and Outer Ring Road, with ready to supply power and water at discount, with access to a skilled workforce.
Government of India has recently set up National Mission on Transformative Mobility and Smart Storage comprising of an Inter-ministerial Steering Committee of Secretaries headed by CEO of NITI Aayog. Telangana State qualifies for all the criteria for selection including single window mechanism under TS-iPASS, encumbrance free land, trunk infrastructure, access to adequate utilities at rational rates, including subsidies and incentives to ancillary units.
Telangana already has one of the most proactive and business-friendly electronics manufacturing policy in the country and has India's largest electronic manufacturing cluster close Rajiv Gandhi International Airport.
Amitabh Kant congratulated S K Joshi on his expression of interest to host accommodate the Giga-Scale Li-ion battery manufacturing plant, and said that around 5 states in India would be chosen for this initiative. He also said that States should create demand as per the Government of India mandate of converting all 3-wheelers in India to electric by 2023 and converting all 2-wheelers to electric by 2025. These incentives should include soft loans to State Discoms, rooftop installations and microgrids.
