India’s first Lithium Ion Giga Factory

India's first Lithium ion giga factory

Question: Name the companies in dialogue to build India’s first Lithium Ion Giga Factory?
(a) BHEL & LIBCOIN
(b) Tata & Mahindra
(c) Samsung SDI & Panasonic
(d) Tesla & A123 systems
Answer: (a)
Related facts:

  • Bharat Heavy Electricals Limited (BHEL) & Libcoin is focusing to initially build 1GWh lithium ion battery plant in India.
  • It is proposed that its capacity will be scaled up to 30GWh.
  • This project will bring energy independence by replacing oil imports with abundant renewable.
  • This project also includes “Made by India, for India”, with focus on core-cost components manufactured domestically.
  • Numerous Indian cities including Delhi have been struggling to cut down their pollution level for last several years and electric transportation has been considered as one of the reasonable approaches to cut down emission.
  • The number of electric cars in the world already hit million-mark last year and the International Energy Agency has projected almost 140 million electric cars globally by 2030 if all countries comply to meet Paris climate accord targets.

Links:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=187590