MANUFACTURING Neogen Chemicals Raises ₹600 Cr Through QIP At A Premium From QIBs

Neogen Chemicals Ltd has raised ₹600 crore through a qualified institutional placement (QIP), issuing 26.61 lakh equity shares to eligible qualified institutional buyers (QIBs). The shares were allotted at ₹2,255 each, including a premium of ₹2,245 per share. The issue price was higher than the floor price of ₹2,189.73. Paid-up capital rises to ₹30 crore […]

CW Bureau · Sep 17, 2026

MANUFACTURING Exide Partners ExCom To Expand Industrial Battery Business In Europe

Exide Industries has entered into a long-term strategic cooperation agreement with Germany-based ExCom Energy Solutions GmbH to expand its industrial battery and energy storage business across the European Economic Area (EEA). The agreement, signed on September 15, 2026, establishes a commercial and technical collaboration between the two companies. Products covered by the partnership will be […]

CW Bureau · Sep 16, 2026

INFRASTRUCTURE ADB Signs First India TAS Deal For Madhya Pradesh Renewable Projects

The Asian Development Bank (ADB) has signed its first transaction advisory services (TAS) agreement in India with the Government of Madhya Pradesh to support the development of three renewable energy projects, an initiative that could attract up to $1 billion in private investment into the state’s clean energy infrastructure. ADB Country Director for India Mio […]

CW Bureau · Sep 8, 2026

INFRASTRUCTURE JSW Energy Crosses 15 GW Capacity With 1,572 MW Addition In FY27

JSW Energy Ltd has crossed the 15 GW installed capacity milestone after commissioning 1,572 MW of generation capacity since April 2026, taking its total operational capacity to 15,025 MW. The company crossed the 10 GW milestone in March 2025. It has since expanded capacity at a compound annual growth rate of 26%, reaching 15 GW […]

CW Bureau · Sep 4, 2026

INFRASTRUCTURE Adani Energy Solutions Wins ₹4,700-Cr Transmission Project In Karnataka

Adani Energy Solutions Ltd (AESL) has won a ₹4,700-crore transmission project to evacuate renewable energy generated in Karnataka to major load centres in Maharashtra, while supporting the growing pumped storage ecosystem across Satara, Pune and the Mumbai Metropolitan Region. The project, named “Network Expansion Scheme in Western Region to Cater to Pumped Storage Potential near […]

CW Bureau · Aug 26, 2026

INFRASTRUCTURE L&T Entity Wins Mega Order In West Asia To Develop Three BESS Projects

Larsen & Toubro’s (L&T) renewables business has secured a major order from a prominent client in West Asia to develop three Battery Energy Storage System (BESS) projects, strengthening its presence in the rapidly expanding energy storage market in the West Asia. L&T classifies major orders as those valued between ₹5,000 crore and ₹10,000 crore. The […]

CW Bureau · Aug 25, 2026

MANUFACTURING Ola Electric Expands Shakti Portfolio To Home Batteries, Industrial Storage

Ola Electric has unveiled an expanded Ola Shakti energy storage portfolio, marking a push beyond electric mobility into residential, commercial, industrial and utility-scale energy storage. Built around indigenous LFP battery technology and Ola Electric’s vertically integrated cell-to-system capabilities, the Shakti portfolio spans three segments,  Shakti Gen2 for homes, Shakti Rack for commercial and infrastructure applications, […]

CW Bureau · Aug 17, 2026

INFRASTRUCTURE NTPC Simhadri’s Iron-Air Battery Plan Set For Long-Duration Storage Push

A pilot project is being planned at NTPC Simhadri Thermal Power Station to evaluate an indigenous Iron-Air Battery technology for Long-Duration Energy Storage (LDES), as India looks to strengthen its energy storage capabilities to support the growing renewable energy ecosystem. The project will be implemented by Atal Incubation Centre – Anna University (AIC-AU) at NTPC […]

CW Bureau · Aug 17, 2026

INFRASTRUCTURE Suzlon Sees Integrated Energy Ecosystems Driving Future Growth

Suzlon Group is positioning integrated renewable energy solutions as the next phase of the energy transition, with wind, solar, storage and digital technologies working together to deliver reliable clean power. The company sees rising energy demand and geopolitical uncertainties strengthening the case for resilient, locally sourced renewable energy systems. Suzlon targets integrated ecosystem “The future […]

CW Bureau · Aug 15, 2026

AUTO Ola Electric Gets ₹7,240-Cr PLI Boost, Cell Manufacturing Runway Till 2031

Ola Electric Mobility Ltd has secured a revised five-year production-linked incentive (PLI) window through CY2031 for its 20 GWh advanced chemistry cell (ACC) allocation, potentially unlocking cumulative incentives of up to ₹7,240 crore as it scales up domestic cell manufacturing. The Ministry of Heavy Industries (MHI) has approved revised timelines for Ola Cell Technologies Pvt […]

CW Bureau · Aug 12, 2026

AUTO Ola Electric Eyes Defence, Aerospace Demand To Scale Up Cell Business

Ola Electric is expanding the addressable market for its in-house battery cells beyond electric vehicles and conventional energy storage, with the company entering into MoUs covering defence and UAV applications, near-space constellation platforms and utility-scale energy storage. The company said in its Q1FY27 shareholders’ letter that these new demand pools could create an additional growth […]

CW Bureau · Aug 8, 2026

INFRASTRUCTURE JSW Energy Completes ₹1,410-Crore Maruti Clean Coal Acquisition

JSW Energy Ltd, a leading private power producer, has completed the acquisition of 100% equity share capital of Maruti Clean Coal & Power Ltd (MCCPL) for an enterprise value of ₹1,410 crore, making it a wholly-owned subsidiary. MCCPL owns and operates a 300 MW thermal power plant at Korba in Chhattisgarh. The plant has a […]

CW Bureau · Aug 7, 2026