Will India’s Lithium Battery Makers Be Next In Line For Protection From China? Updated On Tue, Dec 17th, 2024 by Saurenergy Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […] Read more
Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
Amara Raja To License Gotion’s LFP Technology For Lithium Ion Cells In India Updated On Tue, Jun 25th, 2024 by Saurenergy Amara Raja Advanced Cell Technologies Pvt. Ltd (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M), one of India’s leading battery manufacturers, has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. As part of the agreement GIB EnergyX will license Gotion’s world […] Read more
Amara Raja Invests €20mn to Increase Stake In Battery Tech Firm InoBat Updated On Fri, Jun 21st, 2024 by Saurenergy Battery manufacturer Amara Raja Energy & Mobility (ARE&M) has further invested EUR 20mn, which includes a subscription for an additional 4.5% equity stake in InoBat AS, Norway. With the above, Amara Raja Energy & Mobility Limited’s total holding will be around 9.32% of its equity stake in InoBat AS, including its previous investment of EUR […] Read more
MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI Updated On Tue, Apr 23rd, 2024 by Saurenergy Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […] Read more
Universal Transfomers Wins WBPDCL’s 5 MW Floating Solar Tender Updated On Mon, Jul 17th, 2023 by Saurenergy West Bengal Power Development Corporation Limited (WBPDCL) has awarded Universal Transformers a 5 MW floating solar project for its design, engineering, procurement, supply, erection, testing and commissioning on RW pond at Sagardighi Thermal Power Project. The contract has been as part of an aggregate capacity of 22.5 MW floating solar power plants tender issued by […] Read more
Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn Updated On Wed, Jun 28th, 2023 by Saurenergy An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […] Read more
Amara Raja Breaks Ground on Telangana’s First Lithium Cell Gigafactory Updated On Mon, May 8th, 2023 by Saurenergy Industrial and automotive battery maker Amara Raja Batteries Limited (ARBL) is building the first gigafactory of Telangana which will also be India’s largest when it’s operational. The battery gigaplant will come up in Mahbubnagar district. The inauguration ceremony was attended by MA&UD Minister of Telangana, KT Rama Rao, and Amara Raja Group Founder Dr. Ramachandra […] Read more
The Top 5: India’s Leading-Battery Makers and Their EV battery Plans Updated On Fri, Mar 11th, 2022 by Saurenergy In the changing global scenario of battery usage technology, it is worthwhile to observe how India’s Leading-Battery Makers cater to the requirements, and what their EV battery plans are. The stored-energy needs worldwide have increased with the emergence of the EV segment as a substitute to conventional ICE. With that, the demand for better batteries […] Read more
