Andhra Pradesh Chief Minister N. Chandrababu Naidu on Monday announced to inaugurate the first ever thermal battery plant in the state. The batteries will be manufactured by India-based Bharat Energy Storage Technology Private Limited (BEST) Company and will start producing the thermal batteries from May 2019.
This is first of its kind plant aimed at boosting up renewable sources of energy production, instead of non-renewable fossil fuel-based energy production. The state is looking forward to promote the use of electric vehicles and reduce its carbon footprint.
BEST’s new thermal technology will help in reducing carbon emissions and is best suited for grid balancing and stabilisations. Thermal batteries will be also used to store energy for commercial establishments, telecommunication, electric vehicles, and highway charging stations.
Greenfield Project by BEST is estimated to be established at a cost of Rs.660 crores, which will also give a boost in employment sector with more than 3000 job opportunities within next three years.
Initially, the plant will have an annual capacity of 1000 megawatt and will be ramped up to 10 gigawatts by next 6 to 7 years.
The company also plans to deliver the storage devices that are 100 per cent environment-friendly, using no hard metal or inflammable substances and those which comprise 95 per cent re-usable materials.