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Andhra Pradesh

Investment deal signed for batteries and EVs plant in Andhra Pradesh

Thu, 03/07/2019 - 11:52 -- John Shepherd
J. Krishna Kishore (left) signs the MOU with Urja Global’s director and chief financial officer Avinash Kumar Agarwal.

Indian Renewables developer Urja Global is investing the equivalent of US$28 million to build a combined electric vehicle and lithium-ion battery manufacturing plant in the state of Andhra Pradesh.

Urja’s has signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to build the facility in one of three shortlisted cities— Anantapur, Nellore, and Chittoor.

The APEDB said the plant will produce “high technology lithium-ion Batteries and EVs for the electric mobility ecosystem”.

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Tecchren ‘to kick off lithium-ion production in Andhra Pradesh’

Mon, 01/21/2019 - 00:00 -- Hugh Finzel

Tecchren Batteries has reportedly signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to establish a lithium-ion battery manufacturing plant in Andhra Pradesh, southeast India.

According to The Times of India, US-based Tecchren has formed an Indian subsidiary company, Tecchren Batteries Private Limited, which will conduct the establishment of the 200MW Lithium Ferro Phosphate battery manufacturing facility in Sri City.

J Krishna Krishore, CEO of APEDB, told the paper: “This MoU is a step in the right direction as electronics is a priority sector for the government of Andhra Pradesh and India grows to be one of the largest electronics manufacturing hubs.”

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