Roshan Energy signs MOU with US firm for Lithium Battery Production
Roshan Energy signs MOU with US firm for Lithium battery production ANI | Updated: Feb 16, 2021 19:27 IST
New Delhi [India], February 16 (ANI/India PR Distribution): Roshan Energy Technologies Pvt. Ltd. ( Roshan ), is pleased to announce that it is entering into a partnership with Barrel Energy Inc. ( Barrel )(OTC: BRLL) - the USA, to promote green energy solutions, including Lithium batteries development. As part of this partnership, Roshan Energy Technologies will collaborate with Barrel to establish Lithium-Ion battery manufacturing units in North America by Barrel and by Roshan Energy Technologies in India.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Barrel Energy Signs MOU for Lithium Battery Production in India and North America
Barrel Energy Inc.February 10, 2021 GMT
LAS VEGAS, Feb. 10, 2021 (GLOBE NEWSWIRE) Barrel Energy Inc. (the “Company” or “Barrel”) (OTC: BRLL) is pleased to announce it has signed a Memorandum of Understanding to enter a partnership with Roshan Energy Technologies Pvt. Ltd (“Roshan”), located in Hyderabad, India, for Lithium Battery development and production in India and North America.
As part of the venture, Barrel will become a majority stakeholder in Roshan allowing Barrel Energy the platform for expansion into the massive India market and into international markets. Roshan and Barrel plan on establishing a U.S. based manufacturing unit for key battery designs within Roshan’s line of Lithium products.