Pre Project Stage Electric Vehicles & Battery Manufacturing Private Sector
Rs.48000 Million New LFP Cathode Mfg. Plant in Odisha
- Investment
- From 5000 Million to 49999 Million
- Stage
- Pre Project Stage
- Location
- NA, Odisha
- Last updated
- 05 Dec 2023
Project summary
In Odisha, a significant venture is underway for a new LFP cathode manufacturing plant by an undisclosed company. The project, costing an estimated Rs. 48000 million, aims to produce Lithium Iron Phosphate (LFP) Cathode Active Material crucial for electric vehicle batteries. Phase I, with a capacity of 40,000 MTPA and an investment of Rs. 1,125 crore, is expected to be operational in 27 to 36 months. The company envisions a total capacity of 200,000 MTPA in successive phases, targeting 100 GWh of Li-ion Battery production. As of December 2023, pre-project activities are in progress.
Project details
| Segment | Electric Vehicles & Battery Manufacturing |
|---|---|
| Industry | Automotive Industries |
| Products & capacity | LFP Cathode |
| District | NA |
| State | Odisha |
| Investment | From 5000 Million to 49999 Million |
| Project type | New |
| Ownership | Private Sector |
| Stage | Pre Project Stage |
| Last updated | 05 Dec 2023 |
| Promoter / company | 🔒 Subscribers only Unlock |
| Site location & address | 🔒 Subscribers only Unlock |
| Promoter contact | 🔒 Subscribers only Unlock |
| Decision makers | 🔒 Subscribers only Unlock |
| Milestone history | 🔒 Subscribers only Unlock |
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