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Amara Raja sets up research hub to develop lithium-ion cells at Tirupati

Amara Raja sets up research hub to develop lithium-ion cells at Tirupati The advanced lithium-ion technology research hub, the pilot project located at its headquarters in Tirupati, will become the country s first lithium-ion cell manufacturing facility in the private sector over the next few years PTI | February 21, 2021 | Updated 18:30 IST Amara Raja Batteries, the country s second-largest automotive battery maker, has opened the country s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. The advanced lithium-ion technology research hub, the pilot project located at its headquarters in Tirupati, will become the country s first lithium-ion cell manufacturing facility in the private sector over the next few years, Amara Raja Batteries CEO S Vijayanand told PTI.

Torrent Power emerges as the highest Bidder for 51% privatization of Power Distribution Company in the UT of Dadra & Nagar Haveli and Daman & Diu

Torrent Power highest bidder for Dadra Nagar Haveli, Daman & Diu discoms

Ahmedabad-based Torrent Power Limited on Saturday emerged as the highest bidder for the sale of 51 per cent stake in the power distribution company in the union territory (UT) of Dadra & Nagar Haveli and Daman & Diu. The acquisition of 51 per cent stake in the power distribution company by Torrent Power is subject to further formalities as prescribed under the tender documents. The bidding for the distribution business of the UT has been undertaken as part of the Government of India’s initiative to privatise distribution utilities of UTs to usher in efficiency. Torrent Power currently distributes nearly 16.66 billion units to over 3.65 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat; Bhiwandi, Shil, Mumbra and Kalwa in Maharashtra and Agra in Uttar Pradesh. With the addition of Dadra & Nagar Haveli (including Silvasa) and Daman & Diu, Torrent will distribute nearly 25 billion units to over 3.8 million customers and cater a

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