Agratas Energy Storage Solutions Pvt Ltd., a subsidiary of Tata Sons, is in talks with banks to raise up to $500 million via a green loan. The company plans to use the proceeds from the loan for its factories. The deal is part of India's efforts to build capacity in various technologies, with support from the US and other nations.
Agratas Fund Raise: The wholly owned subsidiary of Tata Sons Pvt Ltd develops battery cells, with factories in India and the U.K. Its facilities are designed to be powered by clean energy, according to the company’s website.