Mumbai, Feb. 25 -- The order includes the supply of lithium-ion batteries, cabinets, and other related components. However, the name of the entity awarding the contract was not disclosed due to competitive sensitivities.

In its announcement, the company clarified that neither the promoter group nor its affiliated companies have any interest in the Singapore-based entity. Furthermore, the order does not constitute a related-party transaction.

CLN Energy specializes in the manufacturing of customized lithium-ion batteries, motors, and powertrain components for electric vehicles, including controllers, throttles, DC-DC converters, displays, and differentials. The company provides B2B solutions for a variety of applications, including elect...