Naidu inaugurates world's first high energy storage device

ANI  |  Amaravati (Andhra Pradesh) [India] 

Chief Minister on Monday unveiled the world's first-ever high in

by the (BEST), the first-of-its-kind cell is aimed at boosting up renewable sources of energy production, instead of

The BEST also aims to set up a Greenfield facility in to manufacture these batteries. It is expected to invest Rs. 660 crores and create employment for 3,000 people within three years' time.

From a capacity of 1000 megawatts, the BEST would enhance the same to 10 gigawatts in the next six to seven years. Batteries suited for telecommunications, mini or microgrids and electric buses would be in the first phase.

Under the project, electric buses, produced in collaboration with Bilva Motors, a global consortium, could deliver an range with a single charge, with the help of BEST's thermal cells. The cell can be customised to be charged in four or eight hours, depending on the source. It can also provide output ranging between 5Kwh and 1 Mwh.

The plant in is expected to start its commercial operations by May 2019.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 06 2018. 14:40 IST