JBM’s BESS Orderbook Hits 3 GWh Across India

02 Jun 2025 CW Team

JBM Green Energy Systems (JBMG), the lithium-ion battery arm of JBM Auto Ltd, has secured a nationwide orderbook of 3 GWh for Battery Energy Storage Systems (BESS), including a 1 GWh deployment for SJVN Ltd and other key clients. The estimated value of the orders is around Rs 12 billion.

With India’s largest high-voltage lithium-ion battery manufacturing plant in the Delhi-NCR region, boasting a capacity of 6 GWh annually, JBMG is positioned to play a crucial role in the country’s renewable energy journey. The company will deploy grid-integrated BESS technology to facilitate energy time-shifting, frequency regulation, and peak shaving—critical to India’s 2030 target of 500 GW renewable energy capacity.

Nishant Arya, Vice Chairman and MD, JBM Auto Ltd, stated, “BESS is essential for India’s clean energy transition. JBMG’s battery expertise, developed over five years of innovation, now powers both electric mobility and utility-scale storage.”

JBMG is engaged in storage solutions for electric vehicles across passenger, commercial, two- and three-wheeler segments, and provides BESS ranging from mini-grids to multi-gigawatt applications. The company’s capabilities include battery design, simulation, testing, and integration with smart energy software, ensuring fast deployment and scalable performance for green energy infrastructure.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..