HEG Advanced Materials arm wins ₹127.35 crore battery order from Indus Towers
In short
HEG Advanced Materials’ subsidiary has won a ₹127.35 crore order from Indus Towers. The order is for lithium-ion battery banks, and it comes after the companies said they would explore BESS solutions for telecom infrastructure.
This is a positive business update for HEG Advanced Materials. The report does not say when the batteries will be delivered or how long the deal will last.
What the reporting says
HEG Advanced Materials’ subsidiary received a ₹127.35 crore order from Indus Towers to supply lithium-ion battery banks. The order follows the companies’ earlier plan to explore BESS solutions for telecom infrastructure, according to the publisher summary. The immediate consequence is a new business win for the HEG unit, but delivery timelines and longer-term contract details are not stated.
Why it matters
HEG Advanced Materials’ subsidiary secured a ₹127.35 crore order from Indus Towers for lithium-ion battery banks. The deal follows an earlier plan by the companies to explore battery energy storage system solutions for telecom infrastructure. The report does not state delivery timing, volumes beyond the order value, or broader financial impact.