ISRO to transfer lithium ion cell technology for Rs 1 cr

IANS  |  Chennai 

Indian space agency on Tuesday announced it has decided to transfer its own ion cell technology to Indian industry on a non-exclusive basis for usage in automobiles for Rs 1 crore.

The (VSSC) located in will transfer the ion cell technology to the successful Indian industries/start-ups on non-exclusive basis to establish production facilities in the country that can produce cells of varying size, capacity, and power density catering to the entire spectrum of power storage requirements, said.

According to ISRO, the request for qualification (RFQ) will be issued from Wednesday for a price of Rs 25,000 and a security deposit of Rs 400,000 has to be paid along with the application.

The RFQ contains a brief description of qualification process & technology transfer process, instructions to applicants, eligibility criteria, timelines and various forms for submitting RFQ.

Interested applicants shall attend a pre-application conference scheduled on July 13. All queries or request for additional information concerning the RFQ shall be attended only in the pre-application conference, the space agency said.

also said that the "competent firm's security deposit will be adjusted against the of Rs 100 lakh. Security deposit of unsuccessful applicants or withdrawn applications will be returned, without any interest".

The one-time has to be paid within 30 days of qualification date.

"Technology shall be transferred to all/any of the competent firms who qualify the eligibility criteria as specified in the RFQ. The required process documents shall be provided by ISRO at the time of signing of and payment of technology transfer fee," ISRO said.

Presently, the lithium-ion battery is the most dominant for a variety of societal needs including mobile phones, laptops, cameras and many other portable consumer gadgets apart from and

Recent advances in the have made it the preferred power source for electric and hybrid electric vehicles also.

--IANS

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First Published: Tue, June 12 2018. 17:18 IST