Singareni Collieries Company (SCCL) and Hyderabad-based Altmin have signed an Memorandum of Understanding (MoU) to set up India’s first large-scale battery-grade lithium refinery in Telangana, Hyderabad.
The proposed project envisages an investment of ₹2,250 crore and the establishment of a 30,000 tonnes per annum lithium carbonate refinery in Telangana. The refinery is targeted to commence operations by 2027 and poised to play a strategic role in supporting India’s rapidly growing electric vehicle and energy storage ecosystem. It will position the State at the forefront of India’s critical minerals and clean energy transition, Telangana Government said in a release on Monday (December 15, 2025) on the MoU that was signed in the presence of Chief Minister A. Revanth Reddy at the recently concluded Telangana Rising Summit in Hyderabad.
The Telangana Rising Global Summit 2025 concluded today with Hon'ble Chief Minister Shri @revanth_anumula unveiling the #TelanganaRising2047, a people - led roadmap aimed at transforming Telangana into a $1 trillion economy by 2034 and a $3 trillion economy by 2047.
The Chief… pic.twitter.com/vVVxgEzK3g
— Telangana CMO (@TelanganaCMO) December 9, 2025
