ARENQ to set up new Rs 28 crore battery manufacturing plant in Pune
With this expansion, ARENQ is set to elevate its total production capacity to an impressive 200MW.
ARENQ, a manufacturer in the energy storage battery sector, is establishing a new manufacturing unit in Khed City, Pune, Maharashtra. The company is investing Rs 28 crores in this project, aiming to elevate its total production capacity to 200MW.
The new facility, spanning over 80,000 square feet, will be fully automated and complement ARENQ's existing manufacturing capabilities. It will focus on producing batteries across all segments, showcasing the company's commitment to innovation and excellence in the energy storage industry.
Besten Engineers & Consultants India Pvt Ltd has been entrusted with the consultancy contract for this project.
V. G. Anil, CEO, ARENQ, speaking on the announcement said, "This new facility in Pune is a leap toward our vision of a sustainable energy future. We are not just expanding our manufacturing footprint; we are advancing our commitment to innovative and environmentally friendly energy solutions. A significant increase in production capacity is not just a leap forward for the company but also marks a substantial enhancement in the Indian and global energy storage markets.
The event served as a platform for more than 50 EV component manufacturers across various vehicle segments.
The company inaugurated two state-of-the-art unit and aims to employ over 250 skilled personnel.
The ACMA EV Expo 2024 featured over 100 EV component manufacturers catering to all vehicle segments.