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Gujarat Gas Limited has signed a gas sales agreement with Waaree Energy to supply 50,000 standard cubic meters per day of piped natural gas for its upcoming lithium-ion cell manufacturing unit in Valsad, Gujarat.
The cells are vital components in electric vehicles, portable electronics, and battery energy storage systems, a sector playing a pivotal role in grid stability and renewable energy integration.
The deets: the plant is expected to be commissioned in Q4 of FY25-26 and represents a key stride toward sustainable energy adoption and a reduced carbon footprint. The partnership is positioned to significantly boost India's clean energy ecosystem.
Why it matters: at present, India is heavily dependent upon imports for Lithium-ion batteries. But as per report of CareEdge, India’s import dependence on lithium-ion batteries will drop to 20% by FY 2026-27. This partnership of Gujarat Gas and Waaree Energies will contribute to sustainability and a greener future.
