Exide Energy Solutions Commissions 6 GWh lithium-ion Cell Manufacturing Facility
Mumbai: Exide Industries Limited announced on 23 September 2026 that its material subsidiary, Exide Energy Solutions Limited (EESL), has commissioned Phase-I of its lithium-ion cell manufacturing facility. Facility Details The new facility, with a capacity of 6 GWh (gigawatt-hours), is located at Devanahalli, Bengaluru, Karnataka. Its commissioning was completed on 23 September 2026. Exide…
On 23 September 2026, Exide Industries Limited announced the commissioning of Phase-I of Exide Energy Solutions Limited's lithium-ion cell manufacturing facility. Located in Devanahalli, Bengaluru, Karnataka, the facility boasts a production capacity of 6 gigawatt-hours. The company highlighted that the new facility is equipped to manufacture advanced lithium-ion cells utilizing various chemistries and form factors.
This expansion enables Exide Energy Solutions to meet diverse mobility and energy storage application demands. The facility's successful commissioning follows Exide Industries' strong Q1 performance, with profit after tax (PAT) increasing by 27.1% to ₹407 crore and revenue growing by 17.6% to ₹4,735 crore. The company's strategic importance is underscored by its presence on major stock exchanges, including the Calcutta Stock Exchange, BSE, and NSE.
Jitendra Kumar holds the positions of Company Secretary and President for Legal and Corporate Affairs.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
