NPSPL to set up Rs. 2,550 crore cathode material plant in Andhra Pradesh
Power Generation
Apr 20,2026
NPSPL is set to establish a Rs. 2,550 crore cathode material manufacturing project in Andhra Pradesh. The facility will support India’s growing battery and electronics ecosystem.
Cathode materials are a critical component in lithium-ion batteries used in EVs and energy storage systems.
The project will strengthen domestic supply chains and reduce import dependence.
It is expected to boost India’s position in the global battery manufacturing landscape.
Company :
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NPSPL