Central Electro Chemical Research Institute (CECRI)and RAASI Solar Power Pvt Ltd have signed a Memorandum of Agreement for transfer of technology for India’s first Lithium Ion (Li-ion) Battery project.
According to an official release, the Agreement was signed by Dr Vijayamohan K. Pillai, Director, CECRI and C. Narasimhan, Chairman-cum-Managing Director of RAASI Group in the presence of Union minister for Science & Technology Dr Harsh Vardhan.
A group at CSIR-CECRI headed by Dr Gopu Kumar has developed an indigenous technology of Lithium-ion cells in partnership with CSIR-National Physical Laboratory (CSIR-NPL) New Delhi, CSIR- Central Glass and Ceramic Research Institute (CSIR-CGCRI) Kolkata and Indian Institute of Chemical Technology (CSIR-IICT) Hyderabad. CSIR-CECRI has set up a demo facility in Chennai to manufacture prototype Lithium-Ion cells. It has secured global IPRs with potential to enable cost reduction, coupled with appropriate supply chain and manufacturing technology for mass production.
Currently, Indian manufacturers source Lithium Ion Battery from China, Japan and South Korea among some other countries. India is one of the largest importers and in 2017, it imported nearly 150 Million US Dollar worth Li-Ion batteries.