The company plans to fund the expenditure with around ₹1,270 crore to ₹1,697 crore in equity and a similar amount in debt, said Rakesh Malhotra, founder, Livguard.
Malhotra said they are one of the few companies which produce three different types of batteries-lithium, lead acid, and sodium-ion batteries. The firm has a total battery capacity of about 12 GWh, out of which 1.2 GWh is getting commissioned. In five years, we will reach 25 GWh. Most of the new additions will be in lithium batteries, he added.
Bu hikaye Financial Express Chennai dergisinin December 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Chennai dergisinin December 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
EY case puts spotlight on white-collar labour laws
● Decades-old laws largely focused on blue-collar workers
Pushpa 2 hits ₹1,000-crore milestone at global BO
ALLU ARJUN'S PUSHPA 2: The Rule has hit the milestone of ₹1,000 crore at the global box office in just six days, making it the fastest Indian film to register the feat.
Why international stars are pulling out of Hockey India League en masse
THE NO-SHOW
US hotels welcome Indian tourists with chai, samosa
POST-COVID BOOM
Credit card issuance slows in Q1: Report
THE ISSUANCE OF new credit cards in the first quarter of FY25 declined by over 34% compared to the same period last fiscal—to 4.4 million from 6.7 million—according to the latest CreditScape report by CRIF High Mark.
MFs, pension funds must be active in corp bond market: Setty
STATE BANK OF India (SBI) chairman C S Setty on Wednesday called for active participation of mutual funds and pension funds in the corporate bond market.
Sebi notifies tighter insider trading rules
The Securities and Exchange Board of India (Sebi) has notified the expansion of the definition of \"connected persons\" who have access to price-sensitive information, with effect from December 5.
Equirus Wealth crosses ₹10K cr in assets under management
Equirus Wealth on Wednesday said it has surpassed ₹10,000 crore in assets under management (AUM).
Prioritising inclusion in social networking
Famm Connect acts as a LinkedIn for the LGBTQ+ community
Early detection to prevent TB spread
• AI-led solutions help screening for the disease
