India signs MoU to make lithium-ion batteries
An agreement on first transfer of technology for lithium-ion batteries was signed between the Indian government-run Central Electro Chemical Research Institute (CECRI) and RAASI Solar Power Pvt Ltd.
According to the Science and Technology Ministry statement, this memorandum of understanding is the first of its kind for the country.
The indigenous technology of lithium-ion cells has been developed by a group of scientists at the Council for Scientific Industrial Research (CSIR)’s CECRI in Tamil Nadu’s Karaikudi in partnership with CSIRNational Physical Laboratory, CSIR-Central Glass and Ceramic Research Institute, Kolkata and CSIR-Indian Institute of Chemical Technology, Hyderabad.
Indian manufacturers source lithium-ion batteries from China, Japan and South Korea among some other countries. Under the MoU, the Raasi Group will set up a manufacturing facility in Tamil Nadu’s Krishnagiri district, which is located close to Bengaluru.
Lithium-ion batteries have applications in energy storage systems and can power any electrical application without the need of physical wires.