CLN Energy Secures USD 5 Million Export Order for Lithium-Ion Batteries

Mumbai, February 25, 2025: CLN Energy Limited has received an export order worth approximately USD 5 million (₹43 crore including tax) for Lithium-ion Batteries, Cabinets, and other related items from a Singapore-based multinational company.

Key Order Details

✔ Awarding Entity: Singapore-based Multinational Company
✔ Order Scope: Supply of Lithium-ion Batteries, Cabinets, and related items
✔ Order Value: ₹43 crore (approx. USD 5 million, including tax)
✔ Nature of Order: International contract
✔ Execution Timeline: To be completed within 90 days
✔ Promoter Interest: No involvement of promoter/group companies
✔ Related Party Transactions: Not applicable

Strategic Importance of the Order

This order marks a significant milestone in CLN Energy’s expansion into international markets, reinforcing its position in the global renewable energy and battery storage sector. With growing demand for electric vehicles (EVs) and sustainable energy solutions, CLN Energy is strengthening its foothold in the Lithium-ion battery supply chain.

Sunil Gandhi, Whole Time Director of CLN Energy Limited, stated:
“We are delighted to secure this international order, reinforcing our capability to deliver high-quality Lithium-ion battery solutions. This deal strengthens our global presence and highlights our commitment to renewable energy solutions.”

Market Implications & Growth Prospects

• Enhances CLN Energy’s brand presence in the international battery market.

• Boosts company’s revenue & export potential in the energy storage industry.

• Supports the growing adoption of Lithium-ion battery technology for EVs and grid storage.

About CLN Energy Limited

CLN Energy Limited is a leading provider of renewable energy storage solutions, specializing in Lithium-ion batteries, battery cabinets, and sustainable power technology. The company is committed to expanding its international footprint and catering to the global shift towards green energy.

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