CSIR-IICT, Hyd & Luminous Power Technologies Join Hands to Develop Sustainable Battery

CSIR-IICT & Luminous Power Technologies sign MoU

Gurugram based firm for energy storage solutions for solar and inverter applications, Luminous Power Technologies Pvt. Ltd., and CSIR-Indian Institute of Chemical Technology, (CSIR- IICT), Hyderabad, have joined hands to develop a Rechargeable Aluminium Battery (RAB).

CSIR-IICT delves into the development of materials used in alternate battery chemistries as next-gen technologies.

An MOU was signed and exchanged between Preeti Bajaj, MD, Luminous Power Technologies and Director, CSIR-IICT in the presence of Amlan Kanti Das, Sr Vice President; Abhishek Choudhury, IP & Technology Consultant on behalf of Luminous Technologies and Dr. D. Shailaja, Chief Scientist & Chair, Business Development & Research Management, Dr. J Vatsala Rani, Principal Scientist and Dr. Pratyay Basak, Sr Principal Scientist from CSIR-IICT.

Preeti Bajaj, MD, Luminous Power Technologies stated “This is indeed a proud day for Luminous Power Technologies. This agreement is a testament to our commitment to innovation in the home energy storage space. As an industry leader, we are excited to partner with CSIR-IICT to develop alternate energy storage options. We are particularly energized to see how we can value add to our consumers and industry actively supporting the science & technology community.”

Dr Srinivasa Reddy, Director, CSIR-IICT said, “As per the mandate of our organization towards SDGs, our focus is to develop sustainable solutions using abundantly available  materials on earths’ crust and I am glad Luminous Power Technologies has joined us as industry partner to translate the environmentally friendly energy storage technology on rechargeable aluminium battery being developed by our scientists.”

The credit rating of Luminous Power Technologies was recently upgraded by CRISIL to AAA+. Presently, the firm has six manufacturing units, more than 28 sales offices in India, and a presence in over 40 countries. The power backup solutions provider recently launched advanced lead-acid gel batteries.