'Battery storage' will be produced in the country itself, electric vehicles will run and no fuel will be needed: Javadekar


Posted on 12th May 2021 04:09 pm by rohit kumar

Union Minister Prakash Javdekar (Union Minister Prakash Javdekar) at a press conference on Wednesday gave detailed information about the important decision taken in the cabinet meeting chaired by Prime Minister Narendra Modi. He said, 'Today a meeting was held under the chairmanship of the Prime Minister and so far a decision has been taken regarding production of battery storage imported from outside the country itself. He said, 'Today, the decision taken on battery storage is a scenario of' self-reliant India 'and' Make in India is also an invention '. " The Union Minister described it as 'Win-Win Formula' for the country.

 

These advantages will be achieved by manufacturing battery storage in the country

 

Did you know?Explore Trending and Topic pages for more stories like this.

The Union Minister also mentioned the benefits of battery storage being built in the country. Javadekar said, 'To increase battery storage, we import 20 thousand batteries of storage from outside, but now it will be produced in the country under PLI (Production linked Incentives). "The Union Minister further said," Going forward, the import of fuel on a large scale will also be reduced. An investment of 45 thousand crores will come into the country. The electrical vehicle scheme will also benefit from this scheme. When we use battery storage, coal will be saved. He told that India spends 20 thousand crores on the import of batteries. But its production in the country itself will give an impetus to electric vehicles. The Union Minister said, 'The companies producing this battery storage will get an incentive of Rs 18 thousand crores. This amount will be given to the companies under the PLI scheme in 5 years.

 

Used in electric vehicles

 

Energy from advanced chemistry cells is stored in chemical form. It is used in electric cars. Right now, India imports it on a large scale. The government wants to reduce its imports and increase its production domestically. Explain that the PLI scheme has been introduced to promote products in the country itself. Through this, companies are also given financial assistance in addition to special discounts on setting up their manufacturing units and imports in the country.

3 Like 0 Dislike
Previous news Next news
Other news

Israel-Hamas War: After the attack on Israel, why did Hamas bring the hostages to Shifa Hospital, what is the truth of the treatment amidst cruelty and barbarity?

It has been more than a month since the Israel-Hamas war started after October 7. The Israeli arm

Kulgam Encounter: Three terrorists were killed in Kulgam encounter, firing continues between terrorists and security forces.

Heavy firing is going on between the joint team of terrorists and security forces in the Redwani

Salman Khan: Seeing whom, Salman stopped the car in the crowd, Bhaijaan got out of the bulletproof car; video goes viral

A video is becoming increasingly viral on social media, in which Salman Khan is seen. Bhaijaan su

PM Modi Kisan: PM Modi will release the 16th installment during his Maharashtra tour today; ₹21 thousand crores will go into the accounts of farmers

The 16th installment of PM Kisan Samman Nidhi will come into the bank accounts of farmers today.

Shikhar Dhawan's ex-wife will have to return Rs 5.7 crore with interest; the cricketer gets relief from the court.

The Patiala House Family Court has granted a major legal relief to former Indian cricketer Shikha

The Marvels Hindi Teaser: Kamala's amazing performance with 'Captain Marvel', first teaser of 'The Marvels' released

Marvel's superhero movies have fans all over the world. There is good news for the fans. The Marv

How to report if an Instagram account is hacked, here's how to recover the account

Instagram Account Recovery: In today's time, Instagram is one of the popular social media platfor

Salman Khan: Bhaijaan is jealous of West Bengal Chief Minister Mamata Banerjee, said - on such a big post...

The 29th edition of the Kolkata International Film Festival (KIFF) began with grandeur at the Net

Anushka-Virat: Anushka Sharma told the secret of Kohli's fitness, revealed before the Adelaide Test

Indian batsman Virat Kohli is counted among the fittest cricketers in the world. He recently scor

Strict Corona rules in IPL: 7 days quarantine for breaking bio bubble for the first time, ban of one match in a second time, and out of the tournament for the third time

The 15th season of the Indian Premier League (IPL) is to start on March 26. The first match is to

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash