ANI PR Wire
24 Jan 2023, 17:15 GMT+10
New Delhi [India], January 24 (ANI/BusinessWire India): Aligning with the 'Make in India' and 'Innovate India' programs, Luminous Power Technologies Pvt. Ltd., Gurugram and CSIR-Indian Institute of Chemical Technology, (CSIR- IICT), Hyderabad have joined hands to develop a Rechargeable Aluminium Battery (RAB). An MOU was signed and exchanged between Preeti Bajaj, MD, Luminous Power Technologies and Director, CSIR-IICT in the presence of Amlan Kanti Das, Sr Vice-President; Abhishek Choudhury, IP & Technology Consultant on behalf of Luminous Technologies and Dr D. Shailaja, Chief Scientist & Chair, Business Development & Research Management, Dr J Vatsala Rani, Principal Scientist and Dr Pratyay Basak, Sr Principal Scientist from CSIR-IICT. Luminous Power Technologies has a strong market presence in providing energy storage solutions for solar and inverter applications. Over the years, the company has created a strong product portfolio in power backup solutions including the recently launched advanced Lead-acid gel batteries.
CSIR-IICT, with its proven track record as a knowledge partner to the chemical sector are involved in developing materials that are used in alternate battery chemistries as next-gen technologies.
Preeti Bajaj, MD, Luminous Power Technologies stated "This is indeed a proud day for Luminous Power Technologies. This agreement is a testament to our commitment to innovation in the Home Energy Storage Space. As an industry leader, we are excited to partner with CSIR-IICT to develop alternate energy storage options. We are particularly energized to see how we can value add to our consumers and industry by actively supporting the Science & Technology community."
Dr Srinivasa Reddy, Director, CSIR-IICT said, "As per the mandate of our organization towards SDGs, our focus is to develop sustainable solutions using abundantly available materials on earth's crust and I am glad Luminous Power Technologies has joined us as industry partner to translate the environmentally friendly energy storage technology on Rechargeable Aluminium Battery being developed by our scientists."
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
Get a daily dose of Nepal National news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nepal National.
More InformationNEW YORK, New York - AI set the scene for solid gains in technology shares on Thursday. Demand for Alphabet ...
WASHINGTON D.C.: To help reduce car collisions with wildlife and help animals safely cross roadways, the U.S. Transportation Department has ...
BRUSSELS, Belgium: To address power shortages at electric vehicle (EV) charging stations, last week, the European Commission announced plans to ...
BEIJING, China: Falling hog prices, mounting losses and rising debt are putting pressure on the biggest pig breeders in China, ...
NEW YORK, New York - A decline in labor costs as measured by ADP failed to boost U.S. Markets Wednesday."ADP's ...
WASHINGTON D.C.: A U.S. auto safety regulator said this week it is opening an investigation into 73,000 Chevrolet Volt plug-in ...
JAKARTA, Indonesia: The death toll from the eruption of Indonesia's Marapi volcano surged to 22 as rescuers discovered additional climbers ...
DHAKA, Bangladesh - PM Sheikh Hasina is ranked 46th on Forbes' list of the World's 100 Most Powerful Women in ...
LAHORE, Pakistan - According to the Lahore police Organized Crime Unit (OCU), a gang of robbers has been arrested in ...
BUKITTINGGI, Indonesia: On December 2, Mount Marapi in West Sumatra province, Indonesia, erupted, sending hot ash clouds several miles (kilometers) ...
NAYPYITAW, Myanmar - Myanmar's junta chief has urged ethnic armed groups fighting the military across the country to find a ...
DHAKA, Bangladesh - Bangladesh's father of cardiology, Professor Brigadier (retd) Abdul Malik, who established the first cardiac unit in Bangladesh ...