{"id":420459,"date":"2021-06-15T11:08:01","date_gmt":"2021-06-15T05:38:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420459"},"modified":"2021-06-15T11:08:01","modified_gmt":"2021-06-15T05:38:01","slug":"amara-raja-batteries-aims-2-bn-investment-over-next-decade-in-new-energy-and-legacy-biz","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/amara-raja-batteries-aims-2-bn-investment-over-next-decade-in-new-energy-and-legacy-biz\/","title":{"rendered":"Amara Raja Batteries aims $2 bn investment over next decade in new energy and legacy biz"},"content":{"rendered":"<p>The old order changeth, but not entirely yielding place to the new. So, both new-age lithium-ion and legacy lead-acid cell businesses could get near-equal shares of financing at Amara Raja Batteries NSE 1.35 %, which is aiming to put about $2 billion over the next decade into the two energy technologies.<\/p>\n<p>The company is looking to apply for the government&#8217;s new production-linked incentive (PLI) scheme for advanced chemistry cells to break into the electric vehicle (EV) battery market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The old order changeth, but not entirely yielding place to the new. So, both new-age lithium-ion and legacy lead-acid cell businesses could get near-equal shares of financing at Amara Raja Batteries NSE 1.35 %, which is aiming to put about $2 billion over the next decade into the two energy technologies. The company is looking to apply for the government&#8217;s new production-linked incentive (PLI) scheme for advanced chemistry cells to break into the electric vehicle (EV) battery market.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-420459","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=420459"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420459\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}