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Time of India
15 hours ago
- Business
- Time of India
Maxvolt Energy receives land allotment for battery recycling facility in Aligarh
Maxvolt Energy has received a land allotment from the Government of Uttar Pradesh for setting up a lithium battery recycling and repurposing facility in Aligarh. The allotment letter was handed over by Chief Minister Yogi Adityanath during the 'Uttar Pradesh – Udhyam Pradesh' event held in Lucknow on International MSME Day. The initiative is part of the state's ongoing efforts to promote industrial investment in clean energy and advanced manufacturing sectors. The company has been allotted 23,524 square metres of land for the proposed facility. The site is located near Maxvolt's existing battery manufacturing plant in Ghaziabad, which is expected to support integration across manufacturing and recycling operations. According to the company, the upcoming facility will focus on lithium battery end-of-life processing, including recovery of materials and component repurposing. The project is aligned with the broader objective of reducing import dependence on raw materials used in battery manufacturing and building capabilities for closed-loop battery lifecycle management within India. Maxvolt Energy CEO Satendra Shukla said the support from the Uttar Pradesh Government reinforces the company's efforts in domestic battery recycling. Co-founder and CTO Vishal Gupta added that the facility is intended to contribute to domestic value addition in battery materials and long-term resource circularity. The project adds to a growing number of industry initiatives focused on battery recycling and resource recovery, as the demand for lithium-ion batteries increases across electric mobility and stationary energy storage segments. It also aligns with state-level strategies to attract investments in clean technology and build supporting infrastructure for emerging industries.
New Indian Express
6 days ago
- Politics
- New Indian Express
Another round of land pooling soon in Andhra Pradesh
VIJAYAWADA: The State Cabinet, which met under the chairmanship of Chief Minister N Chandrababu Naidu at the State Secretariat on Tuesday, approved the AP Capital Region Land Pooling Scheme Formulation and Implementation Rules 2025. Disclosing the decisions taken by the Cabinet to mediapersons, Information and Public Relations Minister Kolusu Parthasarathy said land pooling rules have been formulated with the objective of transforming Amaravati into a world-class city. Stating that more land will be required for the establishment of world-class institutions in education and medical sectors, establishment of international airport and other infrastructure projects, he said the Cabinet gave nod for the Andhra Pradesh Capital Region Land Pooling Scheme Formulation and Implementation Rules 2025. The I&PR Minister further said all land parcels identified under the land pooling scheme will be brought under a uniform framework, unlike the earlier system where different parcels followed different rules. He informed that the guidelines were framed to protect the water bodies as per the guidelines of the National Green Tribunal and Supreme Court. He said the Cabinet resolved to take up land pooling without giving scope for any controversies, and provide a better package to farmers. The Cabinet also approved orders to issue Letters of Agreement (LOA) to three contractors, including NCC, Shapoorji Pallonji, and L&T for the construction of 69 lakh sq ft of office space in Amaravati. These projects include the construction of the Heads of the Departments' towers and the General Administration Department (GAD) towers.
Time of India
6 days ago
- Business
- Time of India
Andhra Pradesh cabinet clears new land pooling rules for capital region
AMARAVATI : The Andhra Pradesh cabinet on Tuesday approved the Andhra Pradesh Capital Region Land Pooling Scheme Formulation and Implementation Rules 2025, along with several other proposals, Information and Public Relations (I&PR) Minister K Parthasarathy said. Addressing a press conference at the Secretariat, Parthasarathy noted that the land pooling rules have been framed with the vision of transforming Amaravati into a global city, a financial powerhouse for the state, attracting international educational institutions, establishing an airport, and fulfilling other development requirements. "The Andhra Pradesh Capital Region Land Pooling Scheme Formulation and Implementation Rules 2025 have been approved, keeping the future in mind and to ensure competitiveness with other major cities in the country," Parthasarathy said. All land parcels identified under the land pooling scheme will be brought under a uniform framework, unlike the earlier system where different parcels followed different rules, he added. The greenfield capital city of Amaravati already has a land bank of 54,000 acres, while Naidu aims to acquire another 40,000 acres to transform the region into a futuristic megapolis by integrating Guntur, Vijayawada, Mangalagiri, and Tadepalli. According to Parthasarathy, the land pooling rules have been designed in a manner favourable to farmers. The cabinet has also approved orders to issue Letters of Agreement (LOA) to three contractors-NCC, Shapoorji Pallonji, and L&T-for the construction of 69 lakh sq ft of office space in Amaravati. These projects include the construction of the Heads of the Departments' towers and the General Administration Department (GAD) towers. The minister said the cabinet approved orders for NCC to build two GAD towers at Rs 844 crore, L&T to construct another two GAD towers at Rs 1,247 crore, and Shapoorji Pallonji to build HoD towers at Rs 1,423 crore. Similarly, the cabinet approved a proposal to lease 55 acres of land to the Indian Institute of Legal Education and Research at the rate of Re 1 per sq m per annum in Amaravati. Parthasarathy said the state had initially planned to allot land for the institution at Rs 50 lakh per acre, but dropped the idea as the total cost would have been Rs 25 crore, making the project unviable for the institution. The cabinet also approved the appointment of building inspectors as part of the Andhra Pradesh Capital Region Development Authority (APCRDA) human resources policy. Given the increased workload and rising number of building permits, 40 town planning assistant posts have been created, along with a promotion channel for these positions, among other decisions.
Time of India
04-05-2025
- Politics
- Time of India
'Rafale miniature with lemon-chillies': Congress' Ajay Rai mocks Modi govt over Pahalgam attack
Uttar Pradesh Congress President Ajay Rai mocked the Centre by showing a 'toy plane' with Rafale written on it and lemon-chillies hanging in it. While talking to ANI, Ajay Rai said, "Terrorist activities have increased in the country, and people are suffering from it. Our youth lost their lives in the Pahalgam terror attack... But, this government, which talks a lot, says that they will crush terrorists - they brought Rafale, but they are in their hangars having chilly and lemon hanging in them. When will they take action against terrorists, those who support them, and their backers?" Show more Show less
