Sterling Tech-Mobility collaborates with Chinese firm for EV component plant
Author: PPD Team Date: November 7, 2024
Author: PPD Team Date: November 7, 2024
Sterling Tech-Mobility has announced plans to set up a manufacturing facility in Bengaluru, Karnataka, in partnership with Chinese firm Kunshan GLVAC Yuantong New Energy Technology.
This initiative will focus on producing high-voltage DC (HVDC) contactors and relays, essential components for electric and hybrid vehicles (EVs and HEVs).
Projected to generate Rs 2.5 billion in revenue by FY30, the facility aims to strengthen India’s EV supply chain by enabling domestic access to advanced technology.
Sterling Tools will leverage niche technology to manufacture and assemble HVDC components locally, supporting Indian OEMs and tier-I suppliers.
HVDC contactors and relays are vital for safe power circuit switching in EVs, helping to protect against electrical faults while enhancing operational efficiency.
Author: PPD Team Date: July 31, 2025 Diamond Power Infrastructure Limited (DPIL) has received a letter of intent from Adani Energy Solutions Limited (AESL) for the supply of 24,080 kilometres of aluminium alloy-59 high-performance conductors. The order is valued at Rs 134.91 billion. The conductors will be used in major transmission projects, including Jamnagar, Khavda-IV D, Navinal-II, and Mahan-II. The supply will be executed on a kilometre-rate basis with photovoltaic-based pricing and is scheduled for…
Author: PPD Team Date: October 15, 2025 Kosol Energie Private Limited has signed a memorandum of understanding (MoU) worth Rs 520 billion at the Vibrant Gujarat Regional Conference. The investment will support the development of solar, green hydrogen, and green ammonia projects across the state. The company plans to use the capital to establish large-scale renewable energy parks, advanced manufacturing facilities, and research and development centres. Recently, Kosol Energie commissioned a 38 MWp solar project…
Author: PPD Team Date: June 11, 2025 Union Minister Shri Manohar Lal outlined key achievements and forward-looking reforms in the power sector during a press conference in New Delhi. Marking 11 years of sectoral transformation, the minister said India is now power sufficient and progressing toward surplus, with plans to achieve 100% household electrification. India meets peak demand with zero shortage India successfully met a peak power demand of 241 GW on June 9, 2025,…
Author: PPD Team Date: December 24, 2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the “Bihar Business Connect 2024” Global Investors’ Summit in Patna on December 20, 2024. The MoU was signed by Shri Alok Ranjan Ghosh, Director (Industries), Government of Bihar, and Shri Bimal Gopalachari, Addl. GM (Business Development), NGEL, in the presence of Bihar’s Industries…
Author: PPD Team Date: August 7, 2025 GAIL India Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have signed a joint venture agreement to set up large-scale renewable energy projects and integrate them with existing gas-based power capacity in Rajasthan. The new joint venture company will develop 750 MW of solar and 250 MW of wind power. These will be bundled with output from two existing gas-based power plants to enable complementary generation. The…
Author: PPD Team Date: January 22, 2025 CtrlS Datacenters plans to establish a 600 MW IT load capacity datacentre park across 40 acres at Chandanvelly Industrial Park, Hyderabad. The first phase has secured 250 MW of sanctioned power, with plans for a dedicated gas-insulated substation (GIS), expandable to 900 MW. The facility will feature high-density, AI-ready interconnected data centres that can support up to 135 KW per rack and immersion cooling up to 300 KW…