Solar energy firm signals shift from pure-play generation to a broader energy infrastructure Saatvik Green Energy Limited acquires 80% equity stake in Melcon Transformers and Electricals Private Limited Melcon is a Jaipur-based transformer manufacturer, incorporated in 2005, with its manufacturing facility situated at Alwar Acquisition gives Saatvik a manufacturing footprint in power transmission equipment, a […]
In Short : The Andhra Pradesh Cabinet has approved projects worth ₹39,437 crore spanning IT, energy, and manufacturing sectors. The decision aims to boost industrial growth, attract investments, and generate employment. With a focus on infrastructure and clean energy, the state is positioning itself as a major hub for technology-driven and sustainable economic development. In […]
In Short : Saatvik Green Energy Limited has secured a ₹108 crore solar module supply order, strengthening its order book and manufacturing momentum. The deal reflects strong demand for domestic modules and supports upcoming solar project deployments. The contract is expected to improve capacity utilization, enhance revenue visibility, and reinforce the company’s position within India’s […]
In Short : Pace Digitek Limited has advanced its integrated energy platform with a key milestone in battery energy storage system manufacturing and deployment. The development supports grid stability, renewable integration, and scalable storage solutions. The move strengthens the company’s clean energy capabilities while expanding its role in India’s fast-growing battery storage and hybrid power […]
In Short : Punjab has reached an understanding with Chinese firms to explore solar panel manufacturing investments in the state. The collaboration aims to boost domestic production, attract foreign investment, and strengthen the renewable energy ecosystem. The initiative is expected to create jobs, support local supply chains, and enhance Punjab’s role in India’s growing solar […]
In Short : Jindal Stainless has completed a ₹132 crore captive renewable energy investment to increase clean power usage and enhance operational sustainability. The project is expected to reduce emissions, stabilize energy costs, and improve power reliability for manufacturing operations. The initiative strengthens long-term energy security while supporting industrial decarbonization and accelerating the company’s transition […]
In Short : Exide Industries has infused ₹450 crore into its EV battery subsidiary, Exide Energy Solutions, to accelerate cell manufacturing and strengthen India’s electric mobility ecosystem. The investment supports capacity expansion, technology development, and project execution. It reflects growing momentum in domestic battery production, reduces import dependence, and advances India’s transition toward electrification and […]
New Delhi – WattPower, a leading renewable energy solutions provider, has enhanced its manufacturing capabilities through advanced technology integration, increasing its production capacity to 11 GW. The development marks a key step in the company’s efforts to scale operations and support the growing demand for solar infrastructure across India. Since commencing operations in India in […]
In Short : The Government of India has invited global bids to set up 6,000 MTPA rare earth magnet manufacturing capacity, aiming to boost domestic production and reduce import dependence. The initiative supports clean energy, electric mobility, and electronics sectors, strengthening supply chains while advancing Aatmanirbharta and positioning India as a competitive player in critical […]
In Short : Union Minister Shri H.D. Kumaraswamy visited BHEL’s Haridwar facility, marking significant milestones in India’s energy, defence, and manufacturing sectors. The visit showcased BHEL’s advanced capabilities, ongoing projects, and contributions to national infrastructure. Key developments included progress in power equipment manufacturing, defence production initiatives, and strategic efforts supporting India’s self-reliance and industrial growth […]