October 16, 2018

APEDB signs MoU with Dawson Solar and Semi Conductors Pvt. Ltd.

APEDB signs MoU with Dawson Solar and Semi Conductors Pvt. Ltd.

The Andhra Pradesh Economic Development Board (APEDB) signed a MoU with Dawson Solar and Semi Conductors Pvt. Ltd. to set up a large-scale plant for the manufacturing of active cathode materials and cells for lithium-ion batteries. Dawson Solar and Semi Conductors is a technology and innovation-based company having state-of-the-art technologies in nano-technology and solid-state chemistry.

The plant will be the first commercial-scale project in India to produce active cathode material and lithium-ion cells with an active cathode material production capacity of 1,000 tons per year and a capacity to manufacture 5 million units of lithium-ion cells. The plant will cater to both domestic and export markets.

The MoU was signed in the presence of Mr. J. Krishna Kishore, CEO of APEDB; Mr. Amlat Ajay, Director of Dawson; Mr. Ajay Mukund, CEO of Dawson; and the APEDB team.

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