ibc

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Mahanagar Gas, IBC to Build ₹2.3 Billion Li-ion Cell Gigafactory in Bengaluru

Natural gas company Mahanagar Gas (MGL) will invest ₹2.3 billion (~$27.2 million) in IBC India to establish a gigafactory in Bengaluru to manufacture prismatic NMC...

November 8, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: MNRE Outlines Incentives for Green Hydrogen Production

The Ministry of New and Renewable Energy (MNRE) has released an implementation framework to incentivize the production of 200,000 MT of green hydrogen annually....

January 19, 2024

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Mercom Staff

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Daily Wrap-up
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Battery Startup IBC Raises $35 Million to Fund Factory in Bengaluru

International Battery Company (IBC), a lithium-ion battery startup, raised $35 million (₹2.91 billion) in a pre-series A round led by RTP Global, a venture capital firm...

January 18, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A

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