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BHEL, Libcoin consortium to build Lithium-Ion gigafactory
State-
Bharat Heavy Power Co. , Ltd. (BHEL), owned by one of India\'s largest manufacturers of power generation equipment, is negotiating with the LIBCOIN consortium to build the first lithium of the Indian government-
As part of Prime Minister Narendra Modi\'s \"Made in India, made in India\" program.
LIBCOIN is a consortium of Magnis Energy, Duggal family trust fund and charging CCCV (cv4) and plans to build large lithium-
Ion batteries worldwide.
Commenting on the development, Rajan Duggal, chairman of LIBCOIN, said, \"Our plan is to become the largest lithium --
Indian ion battery manufacturers, we aim to be a pioneer in one of the world\'s largest markets.
The interest generated by this project, especially in the Indian automotive industry, is very exciting.
\"The development of the Gigabit plant will initially start with the construction of 1 GW of lithium --
Magnis Energy said the ion battery plant will be expanded to 30 GWh in due course.
Frank Poullas, chairman of Magnis, said, \"it is very encouraging for Magnis and its partners to have the central government of India approve the project.
\"We think India is one of the largest lithium markets in the world --
Lithium-ion battery and has the potential to become one of the largest lithium-ion batteries in the world
Working with partners with BHEL skills and expertise is exciting for the company.
Completion Date: February 29, 2025
Product Model: GSL-051280A-BGBP2 ×2 (each unit: 51.2V 280Ah / 14.34kWh)
System Capacity: 28.48 kWh (scalable up to 200+kWh)
Inverter Brand: Megarevo
Installation Method: Outdoor Wall-Mounted (IP65 Protection Rating)
On June 16, 2025, GSL ENERGY completed the deployment of its advanced 10kWh wall-mounted LiFePO4 battery system (Model: GSL-0512200A-B-GBP2) in Yemen. Designed with robust safety features and seamless Deye inverter compatibility, this installation provides a scalable, long-lifespan energy storage solution tailored for residential environments in regions with unstable power grids.
The sleek, rounded-corner design enables compact indoor mounting, while its smart monitoring capabilities and modular scalability position it as a reliable choice for off-grid and hybrid solar setups. This project further demonstrates GSL ENERGY's global reach and technical excellence in renewable energy storage.
Commercial and industrial energy storage systems (C&I ESS) refer to large-scale battery solutions designed to store electricity for businesses, manufacturing plants, and commercial buildings. These systems typically use lithium-ion battery technologies and are housed in energy storage containers or custom-designed battery enclosures, optimized for different industrial and commercial energy loads.
These energy storage systems allow businesses to store surplus energy from solar panels or the grid, then discharge it when needed, especially during peak demand times, thus enhancing operational efficiency and reducing energy costs.
As the global energy transition accelerates, battery energy storage systems (BESS) have become a critical component of modern energy infrastructure. BESS systems can store electricity generated from renewable sources such as solar and wind power, and release energy during peak grid load periods, thereby enhancing grid stability, supporting energy independence, and reducing electricity costs.
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