Investments galore in AP

Rs 8,175-crore lithium-ion battery plant to come up in Anakapalli

Rs 2,500 cr NSPSL cathode material plant in Chittoor

Metro India News | AMARAVATI

In a major boost to Andhra Pradesh’s industrial and clean energy ambitions, a large-scale lithium-ion battery manufacturing facility is set to be established in Rambilli of Anakapalli district with an investment of Rs 8,175 crore. The project will be developed by Waaree Energy Storage Systems Private Limited, marking one of the most significant investments in the state’s emerging energy storage sector.

The State government has allocated approximately 300 acres of land for the project, which will have a planned production capacity of 16 gigawatt-hours (GWh). The facility will manufacture advanced lithium-ion battery cells, battery packs, and energy storage systems required for electric mobility and grid-scale storage solutions. Officials estimate that the project will generate around 3,000 direct and indirect employment opportunities, providing a substantial boost to local livelihoods.

The first phase of the project is targeted for completion by July 2027. Once operational, the plant is expected to position Andhra Pradesh as a key hub in India’s battery manufacturing ecosystem, aligning with the country’s broader push towards renewable energy and electric vehicle adoption.

This investment comes as part of the State government’s sustained efforts to attract high-value industries and build a diversified industrial base. While Visakhapatnam has been witnessing growth in the IT sector, neighbouring Anakapalli is rapidly emerging as an industrial hotspot with large manufacturing projects.

Waaree Energy Storage Systems, a prominent player in the renewable energy sector, already operates solar module manufacturing facilities in Gujarat and Texas, USA, and exports its products to nearly 30 countries. The company’s entry into Andhra Pradesh is expected to further strengthen its footprint in the energy storage segment.

Looking ahead, the company plans to expand the facility’s capacity to 20 GWh, focusing on Advanced Chemistry Cell (ACC) lithium-ion technologies and Battery Energy Storage Systems (BESS). Given the limited number of such advanced facilities in India, the Rambilli project is poised to play a transformative role in shaping the industrial and technological landscape of the region.

Govt approves Rs 2,500 cr NSPSL cathode material plant in Chittoor

The Andhra Pradesh government on Friday approved an investment of over Rs 2,500-crore by NSPSL Speciality Chemicals Pvt Ltd to establish a cathode material manufacturing facility in Chittoor district.

Spread across 105 acres in Gudupalle mandal, the project is a significant step towards localising one of the most critical components in the electronics and battery value chain.

“The Government of Andhra Pradesh has approved a Rs 2,550 crore investment by NPSPL Speciality Chemicals Private Limited to establish a cathode material manufacturing facility in Chittoor district,” said an official press release.

Cathode materials are the core functional components of lithium-ion batteries, determining battery performance, energy density, lifecycle, and safety, it said.

They are widely used in electric vehicles (EVs), consumer electronics, electronics hardware and several other key sectors.

With the NSPSL facility, the southern state aims to achieve strategic relevance, catering to electronics manufacturing scale up and global energy transition towards electrification.

Cathode materials account for a significant share of battery cost and technology differentiation and by building domestic capacity, India ‘reduces dependence on imports’, particularly from concentrated global supply chains, said the release.

This also enables the country to strengthen its position in EVs, renewables, and electronics manufacturing.

The NSPSL project is approved under the Andhra Pradesh Electronics Component Manufacturing Policy (4.0) 2025–30, which classified it under the supply chain of sub-assemblies and bare components, it added.