On Tuesday, December 12, Hindalco Industries announced its plan to establish a battery foil manufacturing facility in Sambalpur, Odisha, with an INR 800 Crore investment. The company aims to tap into the rapidly growing electric vehicle market by commissioning the facility by July 2025. Initially, it will produce 25,000 tonnes of aluminum foil, a crucial component of lithium-ion and sodium-ion cells.
The Sambalpur project will contribute to the government’s green initiative, promoting carbon emissions reduction and fostering sustainable growth.
Also Read: UK-based co invests USD 100 million to set up EV unit in Odisha
At its Mouda unit in Maharashtra, Hindalco has successfully achieved a technological breakthrough in producing high-quality battery foils. The unit is currently undergoing qualification processes with lithium-ion cell manufacturers in India, Europe, and the United States.
The new unit in Odisha will enhance its capacity to supply materials to gigafactories worldwide. It will be located alongside a 25-MW solar power plant and will have access to additional solar energy from a 400-KV national grid connection. The unit will complement the facility at Mouda.
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