PROSTARM to Set Up 1.2 GWh BESS Manufacturing Facility in Haryana

09 Jul 2025 CW Team

The facility will be developed on a 3,912.15 sq. metre land parcel under a nine-year lease (May 2025–April 2034), and includes a 34,000 sq ft covered shed. The total capital expenditure for the project is estimated at Rs 250 million, covering advanced plant and machinery, power infrastructure, HVAC systems, anti-static flooring, warehousing, and office set-up.

With an annual capacity of 1.2 GWh, the unit will cater to both commercial & industrial (C&I) and utility-scale segments. Commissioning is expected by the end of FY26. The facility will enable Prostarm to meet rising demand for battery-based energy storage systems, which are crucial for enhancing grid reliability and enabling deeper renewable energy integration.

India’s BESS market is projected to grow to 66 GW by 2032 from under 0.2 GW currently. The sector’s growth is fuelled by declining lithium-ion battery costs, a shift away from diesel gensets in the C&I segment, and the critical role BESS plays in grid stability and emergency backup.

Existing Orders Boost Momentum

Prostarm has already secured a 22 MWh order from Adani Electricity Mumbai worth Rs 520 million, covering design, supply, installation, commissioning, and testing. It has also received a Letter of Intent (LoI) from Bihar State Power Generation Company for a 120 MWh project under the BOOT model, with a monthly rental of Rs 4.44 lakh per MW over a 12-year period.

Ram Agarwal, Whole-time Director and CEO of Prostarm, commented, “This expansion is a natural extension of our core strength in power electronics and marks a key milestone in our growth journey. The new BESS facility will position us as one of the few Indian OEMs manufacturing battery storage systems, enabling us to serve EPC contractors and developers directly. It opens up significant revenue opportunities and strengthens our role in India’s energy transformation.”

Prostarm Info Systems, a key player in power electronics and critical power infrastructure, has announced plans to establish its first Battery Energy Storage System (BESS) manufacturing facility at Reliance MET City, Jhajjar, Haryana. This strategic expansion marks the company’s entry into the fast-growing BESS market, aligning with India’s renewable energy transition.The facility will be developed on a 3,912.15 sq. metre land parcel under a nine-year lease (May 2025–April 2034), and includes a 34,000 sq ft covered shed. The total capital expenditure for the project is estimated at Rs 250 million, covering advanced plant and machinery, power infrastructure, HVAC systems, anti-static flooring, warehousing, and office set-up.With an annual capacity of 1.2 GWh, the unit will cater to both commercial & industrial (C&I) and utility-scale segments. Commissioning is expected by the end of FY26. The facility will enable Prostarm to meet rising demand for battery-based energy storage systems, which are crucial for enhancing grid reliability and enabling deeper renewable energy integration.India’s BESS market is projected to grow to 66 GW by 2032 from under 0.2 GW currently. The sector’s growth is fuelled by declining lithium-ion battery costs, a shift away from diesel gensets in the C&I segment, and the critical role BESS plays in grid stability and emergency backup.Existing Orders Boost MomentumProstarm has already secured a 22 MWh order from Adani Electricity Mumbai worth Rs 520 million, covering design, supply, installation, commissioning, and testing. It has also received a Letter of Intent (LoI) from Bihar State Power Generation Company for a 120 MWh project under the BOOT model, with a monthly rental of Rs 4.44 lakh per MW over a 12-year period.Ram Agarwal, Whole-time Director and CEO of Prostarm, commented, “This expansion is a natural extension of our core strength in power electronics and marks a key milestone in our growth journey. The new BESS facility will position us as one of the few Indian OEMs manufacturing battery storage systems, enabling us to serve EPC contractors and developers directly. It opens up significant revenue opportunities and strengthens our role in India’s energy transformation.”

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..