Ex­ide an­nounces ex­pan­sion plan

Commercial Vehicle - - NEWS -

Ex­ide In­dus­tries Ltd has an­nounced a plan to ex­pand its man­u­fac­tur­ing fa­cil­ity at Hal­dia. It is one of the largest and the most in­te­grated bat­tery mak­ing cen­ters in South-East Asia, and is self-suf­fi­cient. The ex­pan­sion ac­tiv­ity will in­clude the ramp­ing up of ca­pac­ity on a 20 acre piece of land al­lot­ted by the Kolkata Port Trust au­thor­i­ties, and to build a Green­field bat­tery re­cy­cling plant with lat­est Euro­pean tech­nol­ogy on another piece of 20 acre land al­lot­ted by the Hal­dia De­vel­op­ment Author­ity. Funded by the com­pany’s in­ter­nal re­serves, the ex­pan­sion plan will have the com­pany in­cur­ring an ex­pen­di­ture of Rs.1100 crores in FY2018-19. The bat­tery re­cy­cling plant would be set in col­lab­o­ra­tion with Italy’s En­er­gitech Tech­nolo­gies and have a monthly ca­pac­ity of 15,000 met­ric tonnes. It will add to the two lead re­cy­cling plants Ex­ide oper­ates at Pune and Bengaluru un­der Chlo­ride Met­als. The to­tal monthly ca­pac­ity will rise to 11,500 met­ric tonnes once the Hal­dia plant goes on stream. The ex­pan­sion of ex­ist­ing plant for bat­tery man­u­fac­ture would in­clude Nick­elCad­mium bat­ter­ies, a mega charg­ing sta­tion and an ad­di­tional bat­tery man­u­fac­tur­ing ca­pac­ity. The Nickel-Cad­mium bat­ter­ies will be made in tech­ni­cal col­lab­o­ra­tion with Fu­rukawa of Ja­pan, and will find ap­pli­ca­tion in Bul­let Trains, Metro Rail and other ar­eas.

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