Bolivia Seeks Convenient Market Access in India for Lithium Batteries

Bolivia Seeks Convenient Market Access in India for Lithium Batteries

New Delhi: Ambassador, Embassy of Bolivia, Sergio Dario Arsipe Barrientos demanded a convenient market access for lithium batteries in India for application of recharging electric vehicles, claiming that such batteries are the most effective and economic with high energy density in them in which Bolivia has established its hegemony with sufficient lithium storage in the country.

He invited India Inc. to explore the possibilities of collaborating with Bolivia to make such batteries in order to promote Make-in-India also and take advantage of Bolivia’s expertise in such area through public-private-partnership since India is aggressively moving towards acquiring electric generated and battery fed transportation on its roads at wider scale.

Speaking at a Conference on Electric Vehicles & Energy Storage under aegis of PHD Chamber of Commerce and Industry, the Ambassador emphasized that Bolivia has huge availability of lithium within its geographical domain and would want India to intensify its electric vehicle mission programme with lithium fed batteries that are the most effective and equally economic with its collaboration and cooperation for which a convenient market access be one of the prerequisites.

In the meanwhile, Member-Planning, Central Electricity Authority, Pankaj Batra, who was also present on the occasion, however, added that a revised Electricity Policy under National Electric Mobility Mission Plan is likely to come out in near future with new regulations and incentives for the industry in which the focus would also be on creating sufficient storage facilities to recharge electric vehicles as well stabilize grids.

Batra also pointed out the CEA has recommended it to the government on which actions and deliberations amongst concerned stakeholders are on progress without revealing a definite timeframe for the revised electricity policy.

Managing Director, Rajasthan Electronics & Instruments Limited, A K Jain in his observations demanded that in the new and revised Electricity Policy, provisions and stipulations be made that in all upcoming Smart Cities, the minimum ceiling for electric vehicles be pegged at 10 per cent of total vehicles strength and numbers.

He also urged for new manufacturing standards to make electric batteries and storage facilities so that their qualities are not compromised and hoped that by 2030, the State of Rajasthan would have 40 per cent of electric transportation within the State if not 100 per cent.

Among other who were also present on the occasion comprised Chairman, Renewable & Alternate Energy Committee, PHD Chamber, Dr. Suresh Goyal and Principal Director, PHD Chamber, Dr. Ranjeet Mehta.