{"id":621324,"date":"2023-12-06T09:55:20","date_gmt":"2023-12-06T04:25:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621324"},"modified":"2023-12-06T10:54:24","modified_gmt":"2023-12-06T05:24:24","slug":"himadri-speciality-to-invest-rs-4800-cr-to-make-li-ion-battery-components","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/himadri-speciality-to-invest-rs-4800-cr-to-make-li-ion-battery-components\/","title":{"rendered":"Himadri Speciality to invest Rs 4,800 cr to make Li-ion battery components"},"content":{"rendered":"<p>Himadri Speciality Chemical on Wednesday announced that it will invest Rs 4,800 crore to foray into the manufacturing of Lithium-ion battery components. According to the announcement, the investment will be over the next 5-6 years. <\/p>\n<p>The plant&#8217;s total annual production capacity will be 200,000 MT either directly\/ or through its subsidiaries. &#8220;This investment will be made largely from internal accruals and balance from debt,&#8221; the company said. <\/p>\n<p>The company believes that the facility will enable the indigenisation of Lithium-ion battery raw materials for global and Indian electric vehicles. It is also expected to reduce the dependency on fossil fuels and the preservation of natural resources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Himadri Speciality Chemical on Wednesday announced that it will invest Rs 4,800 crore to foray into the manufacturing of Lithium-ion battery components. According to the announcement, the investment will be over the next 5-6 years. The plant&#8217;s total annual production capacity will be 200,000 MT either directly\/ or through its subsidiaries. &#8220;This investment will be made largely from internal accruals and balance from debt,&#8221; the company said. The company believes that the facility will enable the indigenisation of Lithium-ion battery raw materials for global and Indian electric vehicles. It is also expected to reduce the dependency on fossil fuels and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-621324","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621324","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=621324"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621324\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}