BEL approves fund raise of up to Rs 500 crore, led by Yash Kela led Singularity AMC

Singularity AMC will invest up to Rs500 crore in Bhilwara Energy Limited to create an integrated energy transition platform, HEG Greentech. This investment aims to support BEL’s growth in power assets, battery materials, recycling, and advanced battery systems for energy storage and EVs, enhancing India’s renewable energy efforts.

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