Published On:July 18 2019
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Rs. 1,500-cr EV battery unit planned in Telangana.

A 1GW battery plant will come up at an investment of Rs. 1,500 crore in the first phase of the proposed 10-GW facility near Hyderabad.

“Three companies have come forward to set up facilities on land allocated near Hyderabad for the project which is being taken up with the support of NITI Aayog,” Sujai Karampuri, Director, Electronics, Telangana, said.

“The State government has earmarked 200 acres initially at the Electronic City at Maheshwaram near the airport, which has the potential to be ramped up to 1,000 acres, as other companies have come forward to set up units. Work on the Phase-I will commence within couple of months,” he said. Interacting on the sidelines of Electric Vehicle Summit & Expo 2019 hosted here by the Indian Chamber of Commerce, the official said that Telangana is keen to drive electric mobility, and that it will come out with new electric vehicle policy soon. The draft policy is currently under circulation for comments and feedback.

He said that a number of electric vehicle manufacturing companies have expressed interest to set up manufacturing facilities in the State. “Once the policy is announced, which will be complementary to the national push for electric mobility, you will hear more about them,” he explained.

“The focus of the State Government is on how to make the electric mobility a reality. If the ongoing push provided by the Centre and the NITI Aayog is anything to go by, it won’t be long before we realise the dream of popularising electric mobility,” he said. The FAME-II initiative of the Centre, he said, seeks to provide a major thrust on electric buses, two- and three-wheelers. “The State’s effort would be to not only support this initiative but also play a role in popularising other modes and also creating an environment for its growth by extending support to the industries.”

Apart from battery manufacturers, a number of component manufacturers are also keen to set up base in the State.

Force to reckon with

Earlier, Jayesh Ranjan, Principal Secretary Industries, Telangana, talked about a recent meeting with NITI Aayog CEO Amitabh Kant, had expressed concern that India missed out on industrial, telecom, mobile and solar revolutions.

However, it is well placed to lead in the electric mobility.

“While many States are making efforts to make technology and infrastructure affordable. We believe Telangana is ahead in terms of extending support,” Ranjan said.

HBL





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