CURRENT AFFAIRS

Detailed explanation-1: -Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to set up a consortium to build a lithium ion battery plant in India with an initially capacity of 1GWh.

Detailed explanation-2: -The Minister of State for Electronics and Information Technology, Shri Rajeev Chandrasekhar will visit India’s first lithium cell manufacturing facility at Tirupati, Andhra Pradesh, tomorrow. This state-of-the-art facility has been set up by the Chennai based Munoth Industries Limited with an outlay of Rs. 165 crores.

Detailed explanation-3: -Gujarat government has announced to set up India’s first Lithium refinery which will process Lithium ore to produce battery-grade material. Manikaran Power Limited, one of the country’s largest power trading and renewable energy company will be investing over Rs 1,000 crore to set up this refinery.

Detailed explanation-4: -The Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar has launched the pre-production run of India’s first lithium-ion cell manufacturing facility at Tirupati, Andhra Pradesh.

Detailed explanation-5: -Ola Electric recently unveiled India’s first indigenously developed lithium-ion cell, NMC 2170.