Amid growing energy needs, India is trying to encourage electric vehicle production to cut greenhouse gas emissions and reduce reliance on fossil fuel imports.
The deal will provide a platform for NALCO, HCL and MECL to understand the technical know-how of exploration and extraction of lithium, a key mineral used in batteries.
Minister of Mines Pralhad Joshi said that 5.9 million tonnes of Lithium reserves are found in Reasi of Jammu and Kashmir. He, however, said that decision regarding auctioning of the reserves will be taken up by the J&K Government.
Till the beginning of 2023, Reasi district in Jammu and Kashmir was known only for the Mata Vaishno Devi shrine situated on the Trikuta Hills, where millions of devotees pay obeisance each year.Hardly could anyone image that the sleepy Salal .