Andhra Pradesh signs pact with Triton Solar Company to set up a solar battery manufacturing plant

The Andhra Pradesh Economic Development Board (APEDB) has recently signed pact with Triton Solar Company of the USA to set up a solar battery manufacturing plant in AP under the public-private-partnership (PPP) model. The plant helps in switching over to electrical vehicles and secures 200 Megawatt of solar power storage supply to meet the state’s energy needs. With an investment of Rs 727 crore, the proposed solar battery manufacturing plant will come up in phases & will produce batteries based on nano and lithium polymer technology.

Month: Current Affairs - December, 2020