Battery-grade lithium refinery in Telangana
Sector: Electric Vehicles (EVs) • Location: Hyderabad, Telangana, India
Source: The Hindu
Singareni Collieries Company Limited and Altmin have signed an MoU to establish India's first large-scale battery-grade lithium refinery in Hyderabad, Telangana. The project involves an investment of ₹2,250 crore to set up a 30,000 tonnes per annum lithium carbonate refinery, targeted to commence operations by 2027. The refinery aims to support India's electric vehicle and energy storage ecosystem
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Participants
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Status
Original status | planned |
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Description
Description | Singareni Collieries Company Limited and Altmin have signed an MoU to establish India's first large-scale battery-grade lithium refinery in Hyderabad, Telangana. The project involves an investment of ₹2,250 crore to set up a 30,000 tonnes per annum lithium carbonate refinery, targeted to commence operations by 2027. The refinery aims to support India's electric vehicle and energy storage ecosystem by localizing lithium refining and reducing dependence on imports. |
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Original Currency | USD |
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Data quality score | 100% |
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