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Exide s lithium-ion cell project secures INR 2,000 crore line of credit from banks, ET Auto

Exide s Lithium-ion Cell Project: Earlier, Exide MD and CEO Subir Chakraborty had said that the estimated project cost for the first phase would be INR 4,000 crore, with a capacity of 6 GWh (gigawatt hour). The total project capacity of the project is 12 GWh.

Exide s lithium-ion cell project secures Rs 2,000 crore line of credit from banks

Exide s wholly owned subsidiary, Exide Energy Solutions Limited, will be taking the credit facility for rolling out its lithium-ion cell manufacturing and associated projects, which are coming up near Bangalore, a company official said.

Exide s lithium-ion cell project secures Rs 2,000 crore line of credit from banks

Exide s lithium-ion cell project secures Rs 2,000 crore line of credit from banks
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