NEW DELHI (Reuters)-
An Indian company will start producing hot batteries in May 2019 as the South Asian country wants to promote the use of electric vehicles and reduce its carbon footprint.
"It will take about six to eight months to complete the factory, and we plan to put it into commercial production by May 2019," bv s Prakash, general manager of energy storage technology at Bharat (BEST)
Andhra Pradesh is building factories for the energy on Monday.
BEST will manufacture a storage device with high energy density, which has a longer life than a lithium ion battery and can be used to power electric cars and telecom towers.
Andhra Pradesh Chief Minister N Chandrababu Naidu released the first new high energy storage device on Monday.
The new plant will cost £ 6, Prakash said.
RS 60 billion ($96. 13 million)
And create 3,000 jobs in three years.
The initial annual output of the plant can be 1000 MW in the next 6-7 years.
Attracted by global giants such as Microsoft, Google, IBM and HP
Packard went to the city of sidabad, and his state was rebuilding into a new industrial center after parting ways in 2014.
Hyderabad is now part of the newly built state of Telangana.
Among other things, Kia Motor, a South Korean carmaker, signed an agreement to invest about $1.
1 billion establish the first plant in Andhra Pradesh, India. ($1 = 68.
RS 6600 India)