Advait Energy Transitions has strengthened its clean energy strategy by incorporating three wholly owned subsidiaries. These new entities—Advait Battery Ecosystems, Advait Carbon Advisory & Renewables Assets, and Advait Unified Renewable Assets—expand the company’s footprint across the entire renewable energy value chain, from battery storage manufacturing to sustainability consulting and power asset ownership.

Advait Battery Ecosystems: Driving Energy Storage Innovation

To begin with, Advait Battery Ecosystems will focus on developing and manufacturing battery energy storage systems (BESS), EV batteries, and integrated power solutions. The company will cater to utility-scale, commercial, industrial, and residential segments, ensuring a wide market reach.

In addition, the subsidiary will execute projects on build-own-operate (BOO), engineering, procurement, and construction (EPC), and other contractual models. It will also deliver both behind-the-meter and front-of-the-meter solutions, enabling flexible deployment across energy systems.

Integration with Renewables and Advanced Technologies

The battery business aims to integrate storage solutions with renewable and hybrid energy systems, including solar and wind. At the same time, it will explore emerging clean technologies to enhance system efficiency and reliability. Beyond manufacturing, the subsidiary will offer consultancy, technical support, operational services, and aftersales solutions. It also plans to enter into joint ventures and partnerships, both in India and internationally, to accelerate innovation and deployment.

Focus on Battery Recycling and Sustainability

Advait Battery Ecosystems will establish facilities for battery recycling, refurbishment, and resource recovery. This initiative ensures sustainable lifecycle management of battery materials while complying with environmental standards. As a result, the company aims to address both performance and sustainability challenges in the energy storage sector.

Advait Carbon Advisory: Enabling Climate and ESG Solutions

Advait Carbon Advisory & Renewables Assets will focus on climate advisory and sustainability services. Its portfolio includes carbon advisory, ESG consulting, sustainability reporting, and carbon credit trading. The vertical will support businesses in navigating regulatory requirements, reducing carbon footprints, and achieving long-term sustainability goals.

Strengthening Presence Across the Clean Energy Value Chain

As reported by pv-magazine-india.com, the strategic expansion positions Advait Energy Transitions as a comprehensive clean energy player. By combining battery storage, climate advisory, and renewable asset development, the company is well-equipped to capitalize on emerging opportunities in India’s rapidly evolving energy landscape.

The ministry of coal has issued a Letter of Award (LoA) under Category III of Round II of the ₹8,500 crore financial incentive scheme aimed at promoting coal gasification projects in India. This move reinforces the government’s commitment to advancing coal-to-chemicals technologies.

Project Awarded for Coal-to-Acetic Acid Plant

The LoA has been granted to Kartikay Vayunandana Private Limited for setting up a coal-to-acetic acid plant in Gadchiroli. The project entails an investment of ₹793 crore and will feature a production capacity of 75,900 tonnes per annum (TPA) of acetic acid. As a result, it is expected to strengthen domestic manufacturing of key industrial chemicals.

Incentive Scheme to Drive Gasification Adoption

The incentive scheme focuses on promoting coal and lignite gasification, particularly through demonstration and small-scale, product-based projects. Under Category III, the government provides financial assistance of up to ₹100 crore per project or 15% of capital expenditure, whichever is lower. This structured support encourages industry participation while reducing financial risks.

Expanding Investment and Industry Participation

The ministry highlighted that seven projects are already under implementation under the first round of the scheme. Building on this momentum, Round II has attracted fresh proposals across multiple categories, aiming to drive further investments in the sector.

Boosting Domestic Chemicals and Reducing Imports

The project is expected to enhance value-added utilization of domestic coal resources. At the same time, it will contribute to reducing import dependence for downstream chemicals such as acetic acid. In addition, the initiative will support industrial development by promoting alternative and more efficient uses of coal.

Advancing India’s Coal-to-Chemicals Vision

As reported by knnindia.co.in, the issuance of the LoA marks another step forward in India’s strategy to diversify coal usage beyond power generation. By encouraging coal gasification technologies, the government aims to build a more self-reliant and sustainable chemical industry while unlocking new economic opportunities.

Sigenergy is set to invest between $150–200 million to establish a large-scale manufacturing facility in India. The move aims to capitalize on the country’s rapidly expanding renewable energy and battery storage market, positioning the company for long-term growth.

Evaluating Strategic Locations Across India

As part of its expansion strategy, Sigenergy is currently assessing multiple locations, including Maharashtra, Gujarat, Andhra Pradesh, Odisha, and Tamil Nadu. In addition, the company is actively evaluating state-level incentives and policy support to identify the most favorable investment destination.

Large-Scale Facility with Export Potential

The proposed facility is expected to span 30–50 acres and target a manufacturing capacity of 10–20 GW. It will produce batteries and inverters catering to both domestic demand and international markets. Initially, the company plans to rely on imported cells. However, over time, it aims to localize the entire value chain, including cell manufacturing, subject to supportive policy frameworks.

Leveraging AI for Advanced Energy Management

Positioning itself as a deep-tech company, Sigenergy is investing heavily in AI-driven energy management systems. These solutions will enable real-time optimization of solar, battery, and grid power usage, thereby improving efficiency and reliability across energy systems.

Phased Market Entry Strategy

To begin with, the company will focus on utility-scale projects in India. Subsequently, it plans to expand into commercial, industrial, and residential segments through a dedicated distribution network. At the same time, Sigenergy will ensure compliance with all foreign investment regulations, reinforcing its commitment to a structured and sustainable market entry.

Strengthening India’s Energy Storage Ecosystem

As reported by projectstoday.ai, this investment underscores Sigenergy’s ambition to play a significant role in India’s energy transition journey. By combining large-scale manufacturing, advanced technology, and a phased growth strategy, the company is well-positioned to contribute to the country’s evolving battery storage ecosystem.

Bharat Coal Gasification and Chemicals Limited (BCGCL) awarded a key contract to Larsen & Toubro (L&T) for critical process packages in its upcoming coal gasification project. This development marks a major step in advancing India’s coal-to-chemicals capabilities.

Scope Includes Ammonia and Ammonium Nitrate Units

Under the agreement, L&T will handle essential process units, including the ammonia synthesis package and the ammonium nitrate production unit. These components are crucial for converting coal-derived syngas into high-value chemical products. As a result, the project will enable efficient utilization of coal resources while supporting downstream chemical manufacturing.

Strengthening India’s Energy and Chemical Strategy

The initiative aligns with India’s broader strategy to reduce dependence on imported natural gas. At the same time, it supports the government’s push to boost domestic production of chemicals and fertilizers through coal gasification technologies.

L&T to Deliver EPC Expertise

L&T is expected to execute the project on an engineering, procurement, and construction (EPC) basis. Leveraging its extensive experience in complex industrial and petrochemical projects, the company will ensure efficient design, execution, and delivery of the process units.

Driving Growth in Coal-to-Chemicals Infrastructure

The project underscores rising investments in downstream coal-to-chemicals infrastructure. Products such as ammonia and ammonium nitrate play a vital role across industries, including fertilizers, mining, and industrial applications. As reported by globalflowcontrol.com, the contract not only strengthens India’s industrial self-reliance but also accelerates the development of a robust coal gasification ecosystem.

TANFAC Industries Limited entered into a long-term supply agreement with Blue Star Limited, one of India’s leading original equipment manufacturers (OEMs). The deal focuses on the supply of a key fluorinated product and is expected to generate approximately ₹61 crore in annual revenue.

Strengthening Position in Specialty Chemicals

With this agreement, TANFAC continues to strengthen its footprint in the specialty chemicals segment. At the same time, the partnership reflects the company’s strategy to build long-term relationships with established industrial players. Under the contract, TANFAC will supply fluorinated products based on mutually agreed specifications, ensuring consistent quality and reliability for Blue Star’s operations.

Long-Term Contract with Flexible Structure

The agreement is structured as a long-term domestic contract with an indefinite duration. However, it also incorporates a mutual termination clause, thereby providing operational flexibility to both parties while maintaining long-term supply stability.

Ensuring Transparency and Compliance

The deal is not classified as a related party transaction. Moreover, there is no involvement of promoters or group companies, ensuring that the agreement follows arm’s length principles and maintains high standards of corporate governance.

Building Momentum with Strategic Partnerships

TANFAC further strengthened its growth pipeline by signing a Memorandum of Understanding (MoU) with a large multinational corporation. The agreement involved the supply of 5,000 metric tons per annum of a key fluorinated product, highlighting increasing demand for its specialty chemical offerings.

Driving Growth Through Long-Term Deals

As reported by angelone.in, the developments underscore TANFAC’s focus on expanding its market presence through strategic partnerships and long-term supply agreements. As demand for fluorinated chemicals continues to rise across industries, the company is well-positioned to capitalize on emerging opportunities in both domestic and global markets.

Manali Petrochemicals Limited has marked a key milestone through its subsidiary PennWhite India Private Limited by inaugurating a new manufacturing facility at Oragadam, Chennai, on April 29, 2026. This strategic expansion strengthens the company’s manufacturing infrastructure and enhances its footprint in the specialty chemicals sector.

Strategic Expansion in Specialty Chemicals

The newly commissioned plant represents a focused investment to boost production capacity in foam control chemistry. Not only does the facility cater to domestic demand, but it also aims to serve customers across broader Asian markets. The facility operates under the same stringent quality and manufacturing standards as PennWhite’s established facility in the United Kingdom, ensuring consistency and global competitiveness.

Strengthening India and Asia Market Presence

PennWhite Limited—the parent entity—was acquired by Manali Petrochemicals in November 2022. Subsequently, PennWhite India was incorporated in February 2024 to accelerate business growth in India and Asia. Devaki Muthiah Chardon, Chairperson of PennWhite Limited (UK), emphasized that the new facility goes beyond operational expansion. She noted that it establishes a strong strategic presence in Asia, enabling the company to better serve regional customers while unlocking new partnerships and growth opportunities.

Driving Growth Through a Phased India Strategy

Tobias Tasche, CEO of PennWhite Limited (UK), highlighted that the Oragadam facility is a critical step in the company’s India roadmap. Since the 2022 acquisition, the company has steadily expanded its footprint by incorporating PennWhite India in 2024, acquiring a defoamer business in India and commissioning the new manufacturing plant. As a result, the company is now well-positioned to scale operations and deepen market penetration in the region.

Diverse Product Portfolio and Global Reach

The Chennai facility significantly enhances production capabilities, enabling PennWhite India to manufacture over 200 products. These include foam control agents under the FoamDoctor® brand, silicone oils, and a wide range of specialty chemicals. The facility has already secured ISO 9001 certification, underscoring its commitment to quality management. In addition, further certifications related to quality assurance and food safety are currently in progress, which will strengthen its credibility in regulated markets.

Boosting India’s Specialty Chemicals Landscape

As reported by scanX, the inauguration of this facility reinforces Manali Petrochemicals’ commitment to expanding its specialty chemicals portfolio. At the same time, it aligns with India’s growing role as a global manufacturing hub. With advanced capabilities, strong global linkages, and a clear growth strategy, the company is well-positioned to capitalize on emerging opportunities in both domestic and international markets.

GPS Renewables has taken a major step forward in India’s renewable energy journey by bagging an engineering, procurement, and construction (EPC) contract from NTPC Ltd. The project focuses on developing the country’s first ethanol-to-jet (ETJ) sustainable aviation fuel (SAF) facility, marking a breakthrough in clean aviation fuel production.

Strategic Location at NTPC’s Green Hydrogen Hub

The upcoming facility will be located at NTPC Green Energy Ltd’s green hydrogen hub in Pudimadaka, Andhra Pradesh. Notably, the plant is designed to produce 1,800 tons per annum of SAF using ethanol derived from CO₂ emissions. This approach not only strengthens India’s circular carbon economy but also aligns with global decarbonization goals.

Advanced Technology Driving SAF Production

To ensure efficient fuel synthesis, the project will deploy a sophisticated process chain. This includes ethanol-to-ethylene conversion, followed by olefins oligomerisation and hydroprocessing. As a result, the plant will produce both sustainable aviation fuel and renewable diesel, thereby maximizing output value while minimizing environmental impact.

Leadership Vision and Industry Impact

Mainak Chakraborty, Co-founder and CEO of GPS Renewables, highlighted the project’s long-term vision. He emphasized that the initiative aims to establish a proven pathway for SAF production from ethanol while enabling large-scale manufacturing capabilities in India. Consequently, this project is expected to accelerate the country’s transition toward low-carbon fuels.

Strong Technology Partnerships

The project brings together key global and domestic technology players. Lummus Technology will provide the ETJ technology license along with basic engineering support. Meanwhile, Xytel India will manage the detailed engineering of the core process package. In addition, GPS Renewables will take full responsibility for overall engineering, procurement, construction, and commissioning activities. This also includes managing the hydrogen generation package, ensuring seamless integration across the facility.

Focus on Scalability and Cost Efficiency

Romain Lemoine, Chief Business Officer at Lummus Technology, underlined the advantages of the integrated solution being deployed. He noted that the configuration is designed to be scalable while reducing both production costs and carbon intensity. Furthermore, India’s well-established ethanol ecosystem provides a strong foundation for replicating such projects globally.

Project Timeline and Execution Roadmap

The project will unfold over the next several years, with completion targeted for March 2029. The timeline includes construction, commissioning, and an additional year of operational oversight. This phased approach ensures stability, efficiency, and long-term viability of the plant.

Boosting India’s Sustainable Aviation Future

As reported by advanceh2.com, the initiative represents a significant milestone in advancing sustainable aviation fuels in India. At the same time, it reinforces the country’s commitment to renewable energy, climate action, and industrial innovation. As the energy landscape continues to evolve, projects like this will play a critical role in shaping a greener and more sustainable future.

PTT Global Chemical Public Company Limited (GC) and SCG Chemicals Public Company Limited (SCGC) signed a non-binding Memorandum of Understanding (MoU) to jointly explore the formation of a strategic joint venture in Thailand. The proposed collaboration will focus on their olefins and polyolefins businesses, including polyethylene and polypropylene.

Through the initiative, both companies aim to reinforce Thailand’s petrochemical supply chain while improving the competitiveness of domestic industries. By leveraging the country’s well-established integrated infrastructure, the potential joint venture could also enhance Thailand’s position in global petrochemical markets.

Driving Scale, Efficiency, and Value Chain Integration

Narongsak Jivakanun, Chief Executive Officer of GC, emphasized that the partnership seeks to create a leading regional petrochemical player. He highlighted that combining operational scale would unlock significant opportunities to improve efficiency, strengthen value chain integration, and deliver higher-value products. The collaboration is expected to support the continuity of downstream industries in Thailand. It will also enhance the country’s international competitiveness while contributing to long-term economic growth.

Enhancing Industry Resilience and Global Positioning

Sakchai Patiparnpreechavud, Chief Executive Officer and President of SCGC, noted that the collaboration will strengthen the resilience of Thailand’s petrochemical sector. In addition, it will help position the country as a key regional hub for production and exports.

He further added that the partnership will support downstream industries by offering a broader portfolio of high-value-added products. At the same time, it will enable the industry to respond more effectively to evolving market demands while creating sustainable long-term value.

Preliminary Agreement with Defined Evaluation Timeline

At this stage, the MoU remains preliminary and non-binding. It marks the beginning of a detailed evaluation process, which will include due diligence and necessary corporate and regulatory approvals. These may involve clearance from the Trade Competition Commission of Thailand, if required. As per the press release, the companies expect to complete the evaluation by the third quarter of 2026. Until then, both GC and SCGC will continue to operate independently and conduct business as usual.

The Association of PET Recyclers (APR) Bharat has sought to calm concerns raised by the beverage industry regarding a potential shortage of food-grade recycled PET (r-PET). It has firmly stated that India’s recycling ecosystem is fully prepared to meet regulatory requirements under the upcoming mandate.

In particular, APR Bharat confirmed that the industry has sufficient installed capacity and is well-positioned to support the 40% recycled content requirement for FY 2026–27, along with additional carry-forward obligations from FY 2025–26.

Government Mandate Sets Ambitious Recycling Targets

The Ministry of Environment, Forest and Climate Change (MoEFCC) has mandated that food-grade PET packaging must contain 40% recycled content starting April 1, 2026. Additionally, unmet obligations from FY 2025–26—where a 30% mandate applies—can be carried forward for up to three years, with at least one-third to be met annually.

As per press release, this regulatory framework is designed to accelerate India’s transition toward a circular economy while strengthening domestic recycling systems.

Recyclers Confirm Strong Installed Capacity

Explaining the industry’s preparedness, Goutham Jain, Director General of APR Bharat, emphasized that recyclers already possess both the technology and approvals required to meet demand.

He said, “We already have FSSAI-approved 17 food-contact r-PET plants with a combined capacity of around 3.56 lakh tonnes currently on stream, which is enough to meet the 40% recycled content requirement for FY 2026–27. This capacity can support the additional carry-forward requirement of up to 10% from FY 2025–26.”

Moreover, Jain added that expansion is underway at a rapid pace. By March 2027, food-grade r-PET capacity is expected to reach approximately 7.5 lakh tonnes, which will also support the anticipated increase to a 60% recycled content mandate in 2028–29.

Strong Investment Boosts Recycling Infrastructure

Over the past few years, the industry has invested more than ₹9,000 crore in building food-grade r-PET capacity. These investments span advanced recycling technologies, plant infrastructure, safety systems, and large-scale expansion projects.

Consequently, regulatory clarity under the PWM Amendment Rules and approvals from FSSAI have significantly strengthened investor confidence by ensuring predictable demand visibility.

However, Jain stressed that consistent adoption by brands is now crucial. If beverage companies adhere to r-PET usage targets, it will validate existing investments and further accelerate capacity expansion across the sector.

Industry Calls for Consistent Compliance

Under the Plastic Waste Management Rules 2022, brand owners were expected to actively collaborate with recyclers to develop recycling capacity. However, APR Bharat noted that instead of strengthening cooperation, there is growing pressure to delay compliance timelines.

“This risks derailing India’s circular economy ambitions and weakens global commitments to reduce plastic pollution,” Jain warned. He urged all stakeholders, particularly brand owners, to maintain strict adherence to regulatory timelines.

Furthermore, APR Bharat called for collective responsibility across the ecosystem, emphasizing that sustained compliance is essential for long-term stability.

r-PET Strengthens India’s Resource Security

The government’s mandate also plays a strategic role in improving India’s resource security. Dependence on imported virgin PET exposes the packaging industry to global supply chain disruptions and price volatility.

In contrast, a robust domestic r-PET ecosystem provides a more stable and resilient alternative. It reduces import dependence while strengthening local manufacturing capabilities, thereby ensuring greater supply chain security.

Circular Economy Benefits Extend to Informal Workers

Beyond industrial benefits, the r-PET transition has significant social implications. A large share of PET waste collection in India is handled by the informal sector, where nearly 50% of daily income depends on plastic waste recovery.

As demand for food-grade r-PET rises, more bottles are redirected into formal recycling channels. This shift is expected to improve income stability for waste pickers and generate additional employment opportunities in collection, sorting, aggregation, logistics, and processing.

Conclusion: Industry Ready, Adoption Now Key

APR Bharat reiterated that the recycling sector is fully prepared to meet both current and future mandates.

“The technology is ready. The capacity is ready. The industry has invested and is expanding further. What is needed now is steady adoption by brands and consistent adherence to the rules by the bottling and beverage industry,” Jain concluded.

Cleantech Group has unveiled the 2026 APAC Cleantech 25 list, highlighting the region’s most promising private companies driving innovation in sustainability and clean technology. As fuel insecurity deepens and electricity demand rises, these innovators demonstrate practical solutions to challenges that once seemed improbable.

Spotlight on Breakthrough Solutions

The annual list recognizes companies that actively develop and deploy cutting-edge technologies. These range from AI-optimized data centers and solid-state fusion to sand-based thermal batteries, off-grid cold chains, green cement, and solar-reflective cooling systems.

Moreover, these companies address critical energy, industrial, and climate challenges across Asia-Pacific while simultaneously boosting economic growth and technological progress.

Industry Outlook: Innovation Set to Accelerate

Anthony DeOrsey, Research Manager at Cleantech Group, emphasized that innovation in energy generation, storage, and industrial decoupling from fossil fuels remains strong across the region. He noted that these trends were already intensifying before the outbreak of geopolitical tensions in the Middle East and are expected to accelerate further.

Rigorous Selection and Emerging Trends

Cleantech Group selected the companies through a detailed evaluation process. It combined insights from expert panels, market intelligence, and data-driven analysis. The criteria included technological innovation, scalability, partnerships, and investment traction.

As per press release, this year’s findings highlight several major trends shaping the cleantech landscape in Asia-Pacific.

Global Pressures Drive Regional Innovation

First, global geopolitical tensions—particularly in the Middle East—have disrupted supply chains and increased economic strain. Since Asia-Pacific relies heavily on imported oil, the region faces amplified challenges. Consequently, companies are intensifying efforts in energy generation, storage, and reducing dependence on fossil fuels.

Strong Investment Momentum Beyond China

Meanwhile, although overall venture investment appeared to decline in 2024 and 2025, the shift reflects the maturation of Chinese companies moving toward debt financing. When excluding China, investment activity across the rest of Asia-Pacific has remained strong. In fact, the first quarter of 2026 has already surpassed total deal activity seen in 2020.

Race to Build AI Infrastructure

At the same time, Asia-Pacific is accelerating its push into AI infrastructure. Companies are competing globally in data centers, semiconductors, and thermal management technologies. Japanese innovators, in particular, are advancing memory storage and heat dissipation materials. As GPU power demands increase, the need for efficient thermal solutions is becoming urgent.

Rise of AI-for-Cleantech

In addition, AI is increasingly being applied within cleantech itself. New companies across countries such as China, Malaysia, Vietnam, India, and Indonesia are leveraging AI to improve efficiency in energy systems and infrastructure operations. This shift marks a significant expansion of AI’s role in sustainability.

Surging Electricity Demand and Industrial Heat Challenges

Looking ahead, electricity demand across Asia will reach unprecedented levels. Growth will stem from digital services, air conditioning, industrial electrification, and electric mobility. Furthermore, heavy industries—especially cement, iron, and steel—will drive more than half of energy demand growth through 2035.

As a result, innovators are focusing on solutions like fusion energy, long-duration energy storage, and thermal energy systems for industrial heat.

Climate Adaptation Gains Ground

At the same time, climate adaptation technologies are gaining importance. Although they currently receive only a small share of investment, Asia-Pacific offers strong opportunities for growth. Extreme heat is already affecting daily life, increasing the urgency for cooling solutions and resilient food systems.

Therefore, this year’s cohort includes companies working on solar-reflective cooling, off-grid cold chains, and modular water treatment. These solutions also support “South-to-South” transfer, enabling innovations developed in one region to scale across other parts of the Global South.

Driving Collaboration and Investment

Finally, Cleantech Group produced the APAC Cleantech 25 with support from ADB Ventures and Twin Tower Ventures. The report serves as a key resource for investors, corporations, and policymakers seeking to engage with high-potential cleantech startups.

By showcasing emerging leaders and technological advancements, the initiative aims to accelerate collaboration and channel investments toward solutions that can deliver meaningful environmental impact.