Rs 425.32 Billion Lithium Refinery to Launch in Nagpur in 2025
POWER & RENEWABLE ENERGY

Rs 425.32 Billion Lithium Refinery to Launch in Nagpur in 2025

Nagpur is set to host India’s first lithium refinery and battery manufacturing facility, backed by an investment of Rs 425.32 billion, according to an official release on Saturday. The Maharashtra government signed an agreement with Vardhaan Lithium (I) Pvt. Ltd at Davos, Switzerland, to establish the state-of-the-art refinery in Butibori, Nagpur. 

Vardhaan Lithium stated that the project marks a transformative milestone for India's energy and industrial sectors. The refinery aims to reduce India’s reliance on lithium imports by creating a robust domestic supply chain and strengthening the nation’s position in global energy markets. 

Spanning 500 acres, the facility will have an annual refining capacity of 60,000 tonnes of lithium and a production capability of 20 GWh of batteries. This capacity is expected to play a pivotal role in meeting India’s rising demand for lithium-based products, powering vehicles, homes, and industries. 

Sunil Joshi, Chairman of Vardhaan Lithium, emphasised that the refinery will not only meet domestic demand but also position India as a leader in clean energy solutions. He added that the advanced facility represents a significant step toward achieving self-sufficiency in critical energy resources and contributing to the country’s clean energy goals. 
(ET)    

Nagpur is set to host India’s first lithium refinery and battery manufacturing facility, backed by an investment of Rs 425.32 billion, according to an official release on Saturday. The Maharashtra government signed an agreement with Vardhaan Lithium (I) Pvt. Ltd at Davos, Switzerland, to establish the state-of-the-art refinery in Butibori, Nagpur. Vardhaan Lithium stated that the project marks a transformative milestone for India's energy and industrial sectors. The refinery aims to reduce India’s reliance on lithium imports by creating a robust domestic supply chain and strengthening the nation’s position in global energy markets. Spanning 500 acres, the facility will have an annual refining capacity of 60,000 tonnes of lithium and a production capability of 20 GWh of batteries. This capacity is expected to play a pivotal role in meeting India’s rising demand for lithium-based products, powering vehicles, homes, and industries. Sunil Joshi, Chairman of Vardhaan Lithium, emphasised that the refinery will not only meet domestic demand but also position India as a leader in clean energy solutions. He added that the advanced facility represents a significant step toward achieving self-sufficiency in critical energy resources and contributing to the country’s clean energy goals. (ET)    

Next Story
Infrastructure Transport

NHAI to Upgrade Tamil Nadu Highways

To reduce congestion on key national highways in Tamil Nadu, the National Highways Authority of India (NHAI) has planned capacity upgrades for at least eight highway stretches. The improvements will include bypasses, flyovers, and four-laning in Salem, Coimbatore, Tiruppur, Nilgiris, and Cuddalore. NHAI has invited tenders to appoint consultants for preparing detailed project reports (DPRs) on these expansions. The affected highways include NH-181, NH-81, NH-532, NH-85, and NH-136. Proposed Upgrades Across Highways - NH-181 (Coimbatore-Gundlupet Route): This stretch will see four bypasses an..

Next Story
Infrastructure Transport

Ludhiana-Bathinda Highway Revived as NHAI Invites Bids

The Ludhiana-Bathinda highway project, initially stalled due to land acquisition issues, has been revived as the National Highways Authority of India (NHAI) invites fresh bids to resume construction. The project, part of the Ludhiana-Ajmer Economic Corridor, is estimated to cost Rs 24.61 billion and will be executed in two phases. Package 1, covering 30.03 km, has a budget of Rs 9.06 billion, while Package 2, spanning 45.25 km, is set to cost Rs 15.55 billion. The NHAI had previously withdrawn the project due to unavailability of land. However, intervention from Union Minister for Road Trans..

Next Story
Infrastructure Urban

Dilip Buildcon Wins Rs 460M Arbitration

Infrastructure major Dilip Buildcon has secured an arbitration award of Rs 460 million against the National Highways Authority of India (NHAI) over delays and breaches during the execution of a highway project in Karnataka. The dispute pertains to the Rehabilitation and Upgradation of the Kerala Border to Kollegala Section of NH 212, awarded to Dilip Buildcon under an Engineering, Procurement, and Construction (EPC) agreement dated June 6, 2014. The project involved two-lane expansion with paved shoulders and four-lane development under the National Highways Development Project (NHDP) Phase IV..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?