Indian Institute of Technology-Hyderabad incubated startup PuREnergy said it has developed "affordable" lithium batteries and is commercially launching them during the Renewable Energy Expo 2018 that begins at Greater Noida tomorrow.
"While the current models of lithium batteries in the market are expensive, PuREnergy plans to make them available at economical prices due to their strong design capabilities and in-house product development, it said in a statement.
Founded in 2016 by Dr Nishanth Dongari, Assistant Professor, Department of Mechanical and Aerospace Engineering, IIT Hyderabad, PuREnergy has designed and assembled lithium batteries with wide applications in fields from agriculture to aerospace, it said.
Dongari said, "We are also in close discussion with a few defence laboratories for our battery applications in tanks, missiles, and communication equipment. They need to work under harsh environmental conditions, reduce the weight by four times compared to lead acid technology and deliver high discharge currents, which is to be achieved by doping of anodes and cathodes."