The Minister of State for Electronics and Information Technology, will launch the pre-production run of India’s first lithium cell manufacturing facility at Tirupati, Andhra Pradesh, on September 16, 2022. This state-of-the-art facility has been set up with an outlay of Rs. 165 crores by Chennai-based Munoth Industries Limited. The presently installed plant’s capacity is 270 Mwh and it can produce 20,000 cells of 10Ah capacity daily.
The discount rate that makes the present value of expected cash flows from the project equal to the initial cost of the project is called:
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