Time Technoplast Subsidiary PowerBuild Gets CPRI Certification for OPzS Batteries

1 min read     Updated on 23 Mar 2026, 10:14 AM
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Time Technoplast's subsidiary PowerBuild Batteries has secured CPRI certification under IS 1651:2013 for its OPzS stationary batteries, covering three capacity variants and enabling participation in utility sector tenders. The certification positions the company to tap into India's estimated ₹3000-4000 crore power generation battery market, with production possible using existing facilities and expected improvements in capacity utilization and EBITDA margins.

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Time Technoplast 's subsidiary PowerBuild Batteries has received Central Power Research Institute (CPRI) certification for its OPzS stationary batteries under standard IS 1651:2013. The certification covers 2V OPzS battery variants in capacities of 100Ah, 200Ah, and 300Ah, positioning the company to enter India's utility battery market estimated at ₹3000-4000 crores.

CPRI Certification Details

The certification validates PowerBuild's OPzS stationary batteries, also known as Tubular Batteries in transparent SAN (Styrene Acrylonitrile) containers (TBS). These 2V flooded lead-acid stationary batteries are designed for long service life and reliable continuous float performance, featuring transparent SAN containers for easy visual inspection and tubular plate design for durability.

Certification Parameter: Details
Standard: IS 1651:2013
Battery Type: OPzS Stationary Batteries
Capacities Certified: 100Ah, 200Ah, 300Ah
Container Type: Transparent SAN
Testing Duration: Over 6 months

Market Opportunity and Applications

The certified batteries are being widely adopted across the power utility sector, including generation and transmission facilities, thermal, nuclear and hydroelectric plants, offshore oil rigs, petrochemical complexes, and substations. These applications require uninterrupted DC backup power, long service life, and high reliability under demanding load conditions.

India's power generation sector battery demand is estimated at approximately ₹3000-4000 crores according to internal company estimates. The OPzS/TBS segment is gaining traction within this market and is positioned for strong growth driven by utility demand and replacement cycles.

Production and Financial Impact

The company confirmed that existing plant and machinery is sufficient to manufacture these OPzS/TBS batteries with no requirement for additional capex. Production using current facilities will improve overall capacity utilization, and adding this product to the portfolio is expected to improve overall EBITDA margins.

Business Impact: Details
Additional Capex Required: None
Capacity Utilization: Expected to improve
EBITDA Margin Impact: Expected improvement
Market Access: Utility and EPC tenders

About PowerBuild Batteries

Founded in 1992, PowerBuild Batteries Private Limited operates as a subsidiary of Time Technoplast Limited and serves as a leading Indian manufacturer of industrial and stationary lead-acid batteries. The company operates advanced manufacturing facilities in Hyderabad (Telangana) and Bengaluru (Karnataka), serving diverse sectors including renewable energy, railways, UPS, invertors, and power applications with nationwide service reach.

Historical Stock Returns for Time Technoplast

1 Day5 Days1 Month6 Months1 Year5 Years
-1.74%0.0%-12.22%-25.67%-19.79%+463.36%

How will PowerBuild Batteries compete against established players in the ₹3000-4000 crore utility battery market?

What is the expected timeline for PowerBuild to capture significant market share in utility and EPC tenders?

Could this CPRI certification lead to PowerBuild expanding into other battery technologies or higher capacity variants?

Time Technoplast Limited Completes Timely Repayment of Commercial Paper

1 min read     Updated on 20 Mar 2026, 05:46 PM
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Time Technoplast Limited successfully completed repayment of its commercial paper on March 20, 2026, meeting the scheduled maturity date. The company had set March 19, 2026, as the record date and made full repayment as per SEBI regulatory requirements, demonstrating strong debt servicing capabilities.

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Time Technoplast Limited has announced the successful completion of commercial paper repayment that reached maturity on March 20, 2026. The company fulfilled its debt obligation by making the full repayment on the scheduled maturity date, as communicated to BSE Limited under regulatory compliance requirements.

Commercial Paper Repayment Details

The company had previously established March 19, 2026, as the record date for the repayment process through its earlier communication dated February 20, 2026. This advance notification ensured proper documentation and compliance with SEBI regulations governing commercial paper transactions.

Parameter: Details
Scrip Code: 730845
Maturity Date: March 20, 2026
Repayment Date: March 20, 2026
Status: Full repayment completed

Regulatory Compliance

The repayment notification was made in accordance with Para 8.4 of Chapter XVII of SEBI's Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. This regulatory framework mandates timely disclosure of commercial paper repayments to ensure transparency in debt market operations.

Company Secretary and Compliance Officer Manoj Kumar Mewara certified the completion of the repayment process. The timely settlement demonstrates Time Technoplast Limited's adherence to its debt servicing commitments and regulatory obligations in the commercial paper market.

Historical Stock Returns for Time Technoplast

1 Day5 Days1 Month6 Months1 Year5 Years
-1.74%0.0%-12.22%-25.67%-19.79%+463.36%

Will Time Technoplast Limited issue new commercial papers to refinance its short-term funding needs following this repayment?

How might this successful debt repayment impact Time Technoplast's credit rating and borrowing costs for future financing?

What alternative funding strategies is the company considering to maintain liquidity after retiring this commercial paper?

More News on Time Technoplast

1 Year Returns:-19.79%