Eastman Auto partners with Urja Mobility for lithium-ion battery technology
Author: PPD Team Date: February 13, 2025
Author: PPD Team Date: February 13, 2025
Eastman Auto and Power Limited (EAPL), through its subsidiary Eastman New Energy Private Limited, has signed a Memorandum of Understanding (MoU) with MTOW Mobility Private Limited (Urja Mobility) to collaborate on developing and deploying lithium-ion battery technology for India’s growing electric vehicle (EV) market.
As part of the partnership, Urja Mobility has committed to sourcing over 20,000 lithium-ion batteries from Eastman to support its nationwide battery leasing initiatives. Additionally, Eastman will integrate Urja Mobility’s IoT and software solutions into its lithium battery products, enabling remote monitoring and analytics to improve operational efficiency.
By combining Eastman’s lithium-ion battery manufacturing expertise with Urja Mobility’s innovative battery leasing model, the partnership aims to advance the sustainability and performance of electric transportation in India.
Founded in 2006, EAPL is a leader in the energy transition sector, providing solutions in last-mile e-mobility, solar power, and energy storage. The company offers a range of energy solutions, including technology-agnostic storage systems and power conversion products for solar and backup applications. EAPL operates with an annual production capacity of 25 GW and a presence in over 50 countries.
Author: PPD Team Date: November 25, 2025 Ecoren Group has signed a MoU with the Andhra Pradesh government to develop large scale clean energy projects in the state. The company plans to invest Rs 762.50 billion and build 8 GW of renewable energy capacity along with 1.25 million tonnes per annum of green molecules. The initiative is expected to generate more than 12,000 direct and indirect jobs. Ecoren develops, finances and operates utility-scale renewable projects….
Author: PPD Team Date: March 5, 2025 GE Vernova T&D India Ltd has secured orders worth approximately Rs 5 billion from Power Grid Corporation of India Ltd (PGCIL) for the supply and installation of 765kV-class transformers and reactors under bulk procurement. The company will execute the orders within 36 months, according to a regulatory filing. Meanwhile, Larsen & Toubro’s (L&T) power transmission and distribution vertical has won multiple domestic and international contracts. In India, L&T…
Author: PPD Team Date: April 25, 2025 The Ministry of Coal in India has introduced new policy incentives aimed at boosting underground coal mining. These incentives are designed to reduce financial burdens and encourage investment in the sector. Key measures include a reduction in the floor percentage of revenue share for underground coal mines from 4% to 2%, along with the complete waiver of mandatory upfront payment requirements. In addition, a 50% rebate on performance…
Author: PPD Team Date: November 26, 2024 German energy group RWE has acquired a majority stake in R3 Renewables, a joint venture (JV) formed by US coal miner Peabody Energy, Summit Partners Credit Advisors (SPCA), and Riverstone Credit Partners. The deal, for an undisclosed sum, involves RWE taking over the shares of SPCA and Riverstone Credit Partners, with Peabody retaining a 25% stake in the JV. R3 Renewables focuses on repurposing former coal mining sites…
Author: PPD Team Date: December 17, 2025 The cost of battery energy storage systems discovered through competitive bidding has fallen steeply over the past two years, supported by viability gap funding schemes and transmission charge waivers, according to information presented in Parliament. The cost of Battery Energy Storage System (BESS) capacity discovered through tariff based competitive bidding during 2022 to 2023 was about Rs 10.18 per kWh, assuming the storage system is used for two…
Author: PPD Team Date: December 3, 2024 The Central Electricity Authority (CEA) has advised the adoption of higher-capacity optical ground wire (OPGW) in upcoming power transmission projects to facilitate telecom service providers. The recommendation follows a collaboration between the Department of Telecommunications (DoT) and the Union Power Ministry. CEA has proposed the use of 48-fibre (48F) OPGW, replacing the current standard of 24-fibre (24F) OPGW, in all future power transmission schemes. This recommendation has been…