Agartas Energy Storage Solutions, a fully owned subsidiary of the Tata group, is closing in on Sanand in Gujarat to set up its first lithium ion cell plant with a capacity of 20 GWh annually.
The investment tag for the project, for which an MOU has been signed with the Gujarat government, stands at Rs 13,000 crore. A top Gujarat government official confirmed the decision, saying: “Yes, they are planning to set up the plant in Sanand which is also where Tata Motors has a big play.”
The official said that Tata Chemicals had earlier wanted to set up a