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NSure Reliable Power Solutions, an energy storage solutions company, is preparing to launch pilot production of lithium-ion cells at its 1 GWh plant located in Malur, close to Bengaluru. The ambitious venture involves an investment of ?10.5 billion (~$126.9 million) and spans an 80-acre facility. The facility’s initial capacity of 1 GWh will be dedicated to lithium iron phosphate (LFP) cells, with plans for expansion up to 5 GWh in subsequent phases. The project has received approval from the Karnataka government’s State High-Level Clearance Committee. The pilot production is scheduled to commence shortly, with full-scale operations expected to begin by the end of October 2023.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th September 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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