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The West Bengal Cold Storage Association (WBCSA) on Friday raised the alarm over a sharp drop in wholesale potato prices, warning of severe financial losses for farmers and cold storage operators, and calling for urgent state intervention to prevent a deeper rural economic crisis. WBCSA president Sunil Kumar Rana said the widening gap between wholesale and retail prices is putting immense pressure on farmers, who hold nearly 80 per cent of the potato stock stored this year. "The entire ecosystem of potato cultivation and storage is at risk," he told reporters. This year, cold storages in West Bengal are holding a record 70.85 lakh metric tonnes of potatoes, including an additional 10 lakh tonnes of early variety, due to last season's ban on inter-state movement. Most storage units are now operating at full capacity. Association vice-president Subhajit Saha said wholesale price of the Jyoti variety, which was trading at Rs 15 per kg, the state-declared minimum support price (MSP), .
Solar solutions provider Ecozen is planning to raise USD 75 million (about Rs 620 crore) to fuel its expansion plan in the domestic and international markets, a company official said. Pune-based Ecozen provides cold storage solutions using clean energy. "We are considering raising a private investment of around USD 75 million to fuel growth, partnerships, and customer financing," Ecozen CEO Devendra Gupta said. The amount raised will be used to expand the company's production facility, enhance product lines, and increase market presence in India and abroad, he said. Gupta said Ecozen has a production facility of 1 lakh sq ft and the company is exploring to diversify into new product ranges across different sectors. "In retail, we've launched advanced freezer solutions, and in the mobility sector, we are leveraging our expertise in motor controllers and battery analytics tools to enhance electric vehicle efficiency and support fleet management. We are also exploring retrofitting ..