Hindalco commissions EV component plant in Pune
Author: PPD Team Date: April 29, 2025
Author: PPD Team Date: April 29, 2025
Hindalco Industries Limited, part of the Aditya Birla Group, has commissioned an electric vehicle (EV) component manufacturing facility in Chakan, Pune. Built at a cost of Rs 5 billion, the plant spans 5 acres and marks Hindalco’s entry into the EV components space.
The facility focuses on producing lightweight aluminium battery enclosures, critical for improving EV efficiency and crash resistance. It has an initial annual capacity of 80,000 units, which will be scaled up to 160,000 units in the future.
So far, the plant has delivered 10,000 aluminium battery enclosures for Mahindra’s BE 6 and XEV 9e models. Over 3,000 Mahindra EVs are already using these components.
Unveiled on April 25, the plant is designed to meet the growing demand for advanced, lightweight EV parts. Hindalco plans to expand these capabilities to serve other Indian and global original equipment manufacturers (OEMs). The company also aims to supply aluminium structural and crash-relevant parts for both EVs and internal combustion engine (ICE) vehicles.
Author: PPD Team Date: November 29, 2024 Achieving net zero emissions by 2050 requires substantial financial support, but experts at the London Climate Technology Show 2024 highlighted a persistent lack of investment in key sectors like carbon capture, grid efficiency, and decarbonizing buildings. Speakers pointed to over-regulation and misaligned funding priorities as significant barriers. Teele Niidas, CMO of UP Catalyst, stressed the need to redirect trillions invested in technologies like AI towards scalable carbon capture…
Author: PPD Team Date: September 29, 2025 Prime Minister Narendra Modi has inaugurated the 2,800 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), being developed through a joint venture between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL). The joint venture company, Anushakti Vidhyut Nigam Limited, is implementing the project. The plant, with an investment of Rs 420 billion, will be among India’s largest nuclear facilities and is intended to provide reliable base…
Author: PPD Team Date: January 5, 2026 Inox Clean Energy Limited (Inox Clean), through its subsidiary Inox Neo Energies Limited (Inox Neo), has acquired 250 MWp of operational solar projects from SunSource Energy Private Limited (SunSource), a subsidiary of Netherlands based SHV Energy. A further ~50 MWp acquisition is under review. The projects, located across 13 states, supply power under long-term agreements to commercial and industrial clients, including Britannia Industries and Hitachi Energy. This purchase…
Author: PPD Team Date: July 22, 2025 The Hydro Power Development Corporation of Arunachal Pradesh Limited (HPDCAPL) has secured carbon credits for its 3 MW small hydro project in Zemithang, Tawang district. As reported by The Economic Times, the project has earned 16,326 tonnes of carbon credits as of mid-2023, with a cumulative target of 97,783 tonnes by 2028. This marks HPDCAPL’s first carbon monetisation effort. The milestone follows a memorandum of understanding signed on…
Author: PPD Team Date: September 12, 2025 SnapE Cabs has secured $2.5 million in a bridge deck funding round led by Inflection Point Ventures. The company will use the capital for operational expenses, leasing electric vehicles, and product development. The company became EBITDA positive in January 2025 and has expanded its electric vehicle fleet to more than 1,000 cars. It has also achieved Rs 1.2 billion in gross revenue. SnapE Cabs is owned by EC…
Author: PPD Team Date: February 2, 2026 Researchers at Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) are developing the first medium voltage photovoltaic power plants. The initiative aims to lower material use, reduce costs, and streamline the deployment of large-scale solar projects, particularly in areas with grid constraints. Two pilot plants, each with a capacity of 135 kW, will be established in the German states of Baden-Württemberg and Rhineland-Palatinate. These systems will operate…