The Vardhaan Lithium project is set to revolutionize India’s energy ecosystem by providing a sustainable and indigenous supply of refined lithium.
Lithium refinery
India is set to witness a transformative leap in its energy and industrial sectors with the establishment of its first lithium refinery and battery manufacturing factory in Additional Butibori, Nagpur, Maharashtra. This groundbreaking project, backed by an investment of Rs. 42,532 crore, is poised to redefine the country’s self-sufficiency in critical energy resources and bolster its position on the global stage.
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Sunil Joshi, Chairman, and Vedansh Joshi, Managing Director, are proud to announce the launch of this ambitious initiative, which represents a significant milestone for India in its journey toward energy independence.
Pioneering Energy Independence
Spanning over 500 acres, the Vardhaan Lithium facility is designed to meet India’s urgent need to reduce its dependence on lithium imports by creating a robust domestic supply chain. With an annual refining capacity of 60,000 tonnes of lithium and a production capability of 20 GWh of batteries, the state-of-the-art factory will play a pivotal role in powering India’s vehicles, homes, and industries.
Aligned with ‘Make in India’
This landmark project supports Prime Minister Narendra Modi’s visionary ‘Make in India’ initiative, which emphasizes self-sufficiency in key sectors. Vardhaan Lithium’s advanced facility will not only address India’s growing demand for lithium-based products but also position the country as a global leader in clean energy solutions.
Leveraging Global Standards and Technology
In collaboration with renowned technology partners from the USA and Europe, Vardhaan Lithium ensures that its products meet the highest international standards. This ensures that the facility is at the forefront of global innovation and sustainability in lithium refining and battery production.
Visionary Leadership
Maharashtra Chief Minister Devendra Fadnavis has been instrumental in bringing this transformative project to the state. His proactive leadership has paved the way for Maharashtra to host India’s first lithium refinery and battery manufacturing facility. The agreement was signed during the World Economic Forum in Davos, Switzerland, showcasing Maharashtra’s industrial prowess and commitment to global collaboration.
Transforming India’s Energy Landscape
The Vardhaan Lithium project is set to revolutionize India’s energy ecosystem by providing a sustainable and indigenous supply of refined lithium. This development aligns perfectly with the rising global demand for lithium-ion batteries, driven by the rapid adoption of electric vehicles and renewable energy solutions.
Economic and Social Benefits
The establishment of this mega factory will create thousands of direct and indirect jobs, boosting the local economy and driving socio-economic development in the region. The scale and significance of this project are expected to attract ancillary industries, fostering a comprehensive ecosystem for clean energy manufacturing in Maharashtra.
A Vision for the Future
Vardhaan Lithium (I) Pvt. Ltd.’s initiative is a powerful testament to India’s ambition to lead the global energy revolution. By reducing reliance on imports, adopting advanced technology, and fostering domestic manufacturing, this project will empower India to achieve energy independence while contributing to the global fight against climate change.
For more information, visit: www.vardhaanlithium.org
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