Zelestra and Daimler India Ink PPA for 16 MW Clean Energy Supply

26 Mar 2025 CW Team

Spain-based Zelestra has entered into an agreement with Daimler India Commercial Vehicles (DICV) for the supply of 16.2 MW of clean energy from its renewable energy project in Tamil Nadu. The power purchase agreement (PPA) will enable DICV to source green energy for its manufacturing facility in Oragadam, near Chennai.

Zelestra is currently developing a 149 MW hybrid renewable energy project, incorporating both wind and solar power, near Chennai. The agreement with DICV, a wholly owned subsidiary of Germany’s Daimler Truck AG, aligns with the company’s goal of enhancing sustainability in its manufacturing operations. The Oragadam facility produces commercial trucks and luxury buses under the BharatBenz brand, along with Daimler Trucks' FUSO, Mercedes-Benz, and Freightliner models.

With a strong presence in India’s renewable energy sector, Zelestra has an active development pipeline of 5 GW, of which 2.8 GW has already been contracted. The remaining capacity is expected to be secured by the end of 2026. The company operates a global portfolio of 28 GW across 13 countries, focusing on the development, commercialization, construction, and management of large-scale renewable energy projects.

The agreement with DICV reflects the growing adoption of renewable energy by industrial and automotive manufacturers in India, contributing to the country’s broader clean energy transition.

News source: Outlook Business

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..