Sona Comstar recognized as one of the Top 50 Innovative Companies in India by CII

SonaComstar, a leading automotive technology company providing mission-criticalsystems and components for electrified and non-electrified powertrain segmentshas been recognized as one of the top 50 ‘Innovative Companies’ in India by theConfederation of Indian Industry (CII). The company has been felicitated withCII Industrial Innovation Awards 2022 for its innovations in the electricvehicles segment to address the transformations in the automotive sector.

Sona Comstar, with its in-house research and technology,has been able to create a robust EV components portfolio. Thecompany’s revenue from Battery EVs grew 33 per cent Y-o-Y in H1 FY23contributing 25 per cent of total revenue against 21 per cent in H1 FY22.

Additionally,the company has added seven new programs and four new customers in H1 FY23 withthe number of awarded programs increasing to 37 across 23 different customers.

NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the