Narada wins VRLA contract from China Tower

Narada wins VRLA contract from China Tower

Narada wins VRLA contract from China Tower 1024 721 Batteries International

March 21, 2024: Narada Power said on March 15 it had won a VRLA batteries contract order worth around Rmb 327 million ($45 million) from China Tower.

The deal will see backup power systems supplied to the state-owned telecoms corporation — and follows a Rmb 1.61 billion tender awarded to Narada by China Tower last year for lithium iron phosphate battery storage systems.

Narada said the latest contract underlined the importance of its joint development of lead and lithium battery chemistries to cater for a wide range of industrial applications.

China Tower said in annual results posted on March 18 it managed a total of more than 2 million tower sites as of last December.

Meanwhile, Narada is marking 30 years in business this year with a pledge to ramp up global sales of its lead and lithium energy storage systems.

Chairman and president Zhu Baoyi (pictured) has said the company’s production base in China’s Anhui province now has an annual production capacity of 3GWh of ESS lithium batteries — while the firm can also process around 1.2 million tonnes of used lead storage batteries and 70,000 tonnes of used lithium batteries annually.