Havells targets a market for energy storage worth ₹12,000 crore.
Havells India has made forays into the battery energy storage market through a partnership agreement with Pixii AS, which is a Norway-based energy storage solutions firm. The purpose of this partnership is the development and launch of innovative Battery Energy Storage System (BESS) for the Indian market. The signing ceremony…
Adani Defence pledges ₹2,500 crore to a hub for missile manufacturing.
Adani Defence & Aerospace Ltd. is planning a ₹2,500 crore investment for setting up what the company terms as South Asia’s largest private missile manufacturing ecosystem in Shivpuri district of Madhya Pradesh. It will be an integrated set-up which will see missile system integration, composite propellant production, and TNT manufacturing…
JSW starts the Rs 16,350 crore Rayalaseema steel plant.
JSW begins its Rayalaseema steel plant along with renewable energy ventures, which adds up to the ambition of Andhra Pradesh’s industries and manufacturing. With the beginning of construction for JSW Rayalaseema Steel Plant in Kadapa district, Andhra Pradesh took one of the biggest leaps for the expansion of its industries.…
NTPC REL secures 1,200 MW solar power deal with PTC
NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited (NGEL), has inked a Power Purchase Agreement (PPA) with PTC India Limited for selling 1,200 MW of solar power through a bilateral contract. This agreement is an important step in the context of procurement and distribution of…
