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Maxvolt Energy Lays Foundation for ₹700 Crore Battery Plant in UP, Targeting 10 GWh Capacity
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CNBC Awaaz•23-09-2026, 19:09
Maxvolt Energy Lays Foundation for ₹700 Crore Battery Plant in UP, Targeting 10 GWh Capacity
- •Maxvolt Energy Industries Limited has laid the foundation for its new battery manufacturing plant in Aligarh, Uttar Pradesh.
- •The plant, estimated to cost ₹700 crore, will produce batteries for electric mobility, energy storage, and OEM applications.
- •The facility will span approximately 6 acres and be completed in two phases, each adding an annual production capacity of 5 GWh.
- •Upon completion of both phases, the Aligarh plant's total capacity will reach 10 GWh per year, bringing the company's total capacity to approximately 12.5 GWh.
- •The Bhumi Pujan ceremony was attended by Alok Kumar, Praveen Singh, Satish Kumar Gautam, and senior executives from Maxvolt Energy.
Key Questions Answered
Maxvolt Energy has laid the foundation for a new battery manufacturing plant in Aligarh, Uttar Pradesh, with an estimated total cost of ₹700 crore.
The Aligarh plant will be built in two phases, each adding an annual production capacity of 5 GWh, bringing the plant's total capacity to 10 GWh per year upon completion.
Once both phases of the Aligarh plant are completed, the combined total annual manufacturing capacity of Maxvolt Energy's Aligarh and Duhai sites will reach approximately 12.5 GWh.
