Waaree Energies to set up Rs 8,000-cr lithium-ion battery gigafactory in Andhra

AMARAVATI: (Feb 19) Waaree Energies, a renewable energy company, will set up an integrated lithium-ion battery gigafactory in Andhra Pradesh at an outlay of over Rs 8,000 crore.

The project will come up at Rambilli in Anakapalli district and is expected to generate around 3,000 direct jobs, said an official release on Thursday.

“Waaree Energies will establish India’s largest integrated lithium-ion battery gigafactory in Andhra Pradesh. The project will come up at Rambilli in Anakapalli district with an investment of Rs 8,175 crore,” said the release.

Source: PTI News

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