Indian Infrastructures and Capabilities
The agreement was executed on October 15, 2026, between Premier Battery Technologies Private Limited, a wholly owned subsidiary of Premier Energies, RCT Nexor Energy Private Limited and Premier Energies Storage Solutions Private Limited. The joint venture will manufacture battery energy storage products for residential, commercial, industrial and utility-scale applications.
On the second day of the summit, discussions focused on the 220 MW Bharat Small Reactor programme, which builds upon India’s established Pressurised Heavy Water Reactor (PHWR) technology. The initiative aims to enable industries with large electricity requirements to participate in developing nuclear power facilities for captive consumption.
The initiative forms part of the Ministry’s wider efforts to modernise India’s ports through digitalisation, improved operational efficiency and the adoption of advanced technologies. By developing dedicated 5G connectivity, Mormugao Port Authority aims to create the digital infrastructure required for more automated, efficient and technology-driven maritime operations.
One of the most significant projects inaugurated by the Prime Minister was the new passenger terminal at Kushok Bakula Rimpochee Airport in Leh, developed at an investment of approximately ₹650 crore.
The G1 facility, inaugurated in August 2025, was designed as an initial production and technology qualification unit with a processing capacity of approximately 500,000 semiconductor units per day. It supports the development of manufacturing processes, testing capabilities and customer qualification procedures.
Located at Kantakari, near the University of Ladakh’s Kurbathang Campus, the facility was inaugurated by Ladakh Member of Parliament Haji Mohammad Haneefa Jan. It introduces modern food preservation technology to a region where short growing seasons, difficult terrain and limited processing infrastructure have traditionally restricted agricultural earnings.
The initiative forms part of India’s expanding energy cooperation with ASEAN and aligns with efforts to develop interconnected electricity networks across Asia. It also reflects the growing importance of cross-border electricity trade as countries increase renewable energy generation and seek more reliable power supplies.
Located in the Arabian Sea, approximately 160 kilometres west of Mumbai, the Mumbai High oilfield has been a cornerstone of India’s offshore petroleum industry for several decades. Discovered in 1974, the field began commercial production in 1976 and has played a major role in developing India’s domestic oil production capabilities.
Under the EPC arrangement, the company undertook the design and engineering work, equipment procurement, installation, testing and commissioning of the battery storage facility. Such projects require the integration of battery modules, power conversion equipment, electrical protection systems, thermal management infrastructure and automated controls.
India installed 6.05 GW of wind power capacity during FY2025–26, surpassing its previous annual record of approximately 5.5 GW achieved in FY2016–17. According to the Ministry of New and Renewable Energy (MNRE), the latest addition represented an increase of nearly 46% over FY2024–25, when approximately 4.15 GW was installed.
