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According to company executives, significant progress has also been made on Reliance's 40 GWh battery-storage project, with the first facility expected to become operational next year. Reliance Industries Ltd. (RIL) will commission its solar cell manufacturing unit next month, marking a key milestone in the conglomerate's plan to build India's first fully integrated solar manufacturing value chain. The group is creating a new-energy ecosystem that spans the entire chain -- from solar modules a ...Read More >
ACME Solar Holdings Limited has taken a major step forward in the renewable energy sector by signing a 25-year Power Purchase Agreement (PPA) with Tata Power Company Limited (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project. The agreement, finalized on October 16, 2025, follows the Letter of Award received in September 2025. The PPA has been signed at a tariff of ₹4.43 per unit, with a minimum annual Capacity Utilization Factor (CUF) of 40% and a commitment to ...Read More >
Hyderabad: Ola Electric on Wednesday launched 'Ola Shakti', a portable device that can power homes, business establishments, and farm equipment. With this, the Bengaluru-based electric vehicle maker has forayed beyond mobility and entered into the Battery Energy Storage Systems (BESS), a Rs 1 lakh crore sector projected to surpass Rs 3 lakh crore in value by 2030. "We didn't name the company Ola Auto; we named it Ola Electric, and our vision has always been to bring the whole energy storage sup ...Read More >
New Delhi: The European Investment Bank (EIB) is stepping up its presence in India's green transition, using its capital and expertise to plug financing gaps in clean energy, sustainable transport and water infrastructure, top official at the multilateral financial agency told Mint on Thursday. The broad aim is to make lives better, more sustainable and inclusive. By investing in the country's green funds and projects from metro systems to battery storage, the EU's lending arm aims to accelerat ...Read More >
India's Solar Energy Corp. (SECI) 2 GW solar and 4 GWh storage auction reached a record-low INR 2.86 ($0.033)/kWh, with Shivalaya Construction winning the largest 600 MW allocation amid strong competition. India's SECI has reached a record low tariff of INR 2.86/kWh in a tender for 2 GW of solar coupled with 1 GW/4 GWh of energy storage. The result marks the first time a solar-plus-storage configuration in India has fallen below the INR 3/kWh threshold. The tender attracted several new partici ...Read More >
Solar Energy Corp. of India Ltd's (SECI) tender for 2 GW of solar PV projects coupled with a 1 GW/4 GWh energy storage system has yielded a lowest tariff of INR 2.86/kWh. The auction saw participation from several new entrants in the sector, with Shivalaya Construction Ltd securing the largest slice of 600 MW. India has breached the INR 3/kWh mark for a solar + 4-hour energy storage system (ESS) configuration, with the Solar Energy Corp. of India Ltd's (SECI) tender for 2 GW of solar PV project ...Read More >
India added 20.1 GW of renewable energy (RE) capacity in the first five months of FY2026 (April-August 2025), marking a robust 123% growth compared to 9 GW during the same period last year, according to a recent report by ICRA. This includes 17.5 GW of solar and 2.6 GW of wind capacity additions. ICRA highlighted that this record growth -- driven by a strong project pipeline and favorable market conditions -- positions the sector to exceed 35 GW of new capacity in FY2026. The growth momentum f ...Read More >
New Delhi, Sep 16 (PTI) Diversified energy firm Avaada Group on Tuesday announced the commissioning of 11 solar power projects in Maharashtra's Yavatmal district under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 to provide reliable power for irrigation. The projects include a 4 MW plant at Kinhi, 3 MW each at Baldi and Dongarkharda, 2 MW each at Bansi and Patan,a 5 MW at Mhasola, 2 MW at Galwa, 4 MW each at Pathrad and Parjana, and 3 MW each at Sawargaon and Sarfali, a company statement said ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
New Delhi, Aug 14 (PTI) Clean energy firm ReNew has posted a multifold growth in net profit to Rs 513.1 crore for the June quarter, driven mainly by higher revenues from power sales. The homegrown company, listed on Nasdaq, had logged a net profit of Rs 39.4 crore in the April-June period of the preceding 2024-25 financial year. In the first quarter, the company said its total income (or total revenue) rose to Rs 4,118.2 crore (USD 480 million), compared to Rs 2,490.3 crore (USD 290 million) f ...Read More >
Lucknow, Jul 19 (PTI) The Uttar Pradesh Police on Saturday said they have busted a large-scale illegal religious conversion racket and arrested 10 people from six states. The probe began in Agra in March after two sisters -- aged 33 and 18 -- were reported missing. Investigations revealed that they were allegedly coerced into religious conversion and were undergoing radicalization, the police said. One of the sisters had also put a picture of a girl holding an AK 47 rifle as her profile pictur ...Read More >
New Delhi, Jul 19 (PTI) Reliance Power on Saturday reported a consolidated net profit of Rs 44.68 crore for the quarter ended June 2025-26, as the company trimmed its expenses. It had posted a loss of Rs 97.85 crore in the first quarter of the preceding 2024-25 fiscal, the company said in an exchange filing. The company's total income was Rs 2,025.31 crore against Rs 2,069.18 crore in the year-ago quarter. Reliance Power managed to reduce its expenses to Rs 1,953.01 crore from Rs 2,142.51 cro ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, wit ...Read More >
Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday announced that a 'Hydrogen Valley' will be set up in Amaravati to focus on sustainability and protecting nature. Addressing the 'Green Hydrogen Summit-2025' at a private college in the greenfield capital city, the CM noted that two valleys are coming up in Amaravati -- 'Quantum Valley' and 'Hydrogen Valley' "I am very happy. We are focusing on Hydrogen Valley starting from here (Amaravati). Two valleys are coming here. One ...Read More >
New Delhi, Jul 19 (PTI) Delhi Chief Minister Rekha Gupta celebrated her 51st birthday in her ancestral village, Nandgarh, in neighbouring Haryana on Saturday. Prime Minister Narendra Modi and other top Union ministers and BJP leaders greeted Gupta, born on July 19, 1974, on her first birthday after becoming the chief minister in February. "Best wishes to Delhi Chief Minister, Smt. Rekha Gupta ji, on her birthday. Rising through the ranks, she has always remained active in serving Delhi. As Chi ...Read More >
Bengaluru : Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, one of India's leading renewable energy players, has signed its first Battery Energy Storage Purchase Agreement (BESPA) with NHPC Limited (NHPC). The project, secured under NHPC's BESS Tranche-I tender through a competitive bidding route for Kerala State Electricity Board Limited being the end user of the Battery Energy Storage System (BESS) asset, involves setting up a 30 MW / 120 MWh batte ...Read More >
Union Minister of Coal & Mines G. Kishan Reddy has urged Chief Minister A. Revanth Reddy to partner with the Central Public Sector Undertakings (CPSUs) under his ministry, including Coal India Limited (CIL) and NLC India Limited (NLCIL), in taking up renewable energy projects, encompassing solar and wind power plants, Pumped Storage Projects (PSP) and Battery Energy Storage Systems (BESS). In an official communication to the Chief Minister, a copy of which was released to the media on Thursday, ...Read More >
Mumbai, July 18 (SocialNews.XYZ) Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has signed its first Battery Energy Storage Purchase Agreement with Government-owned power major NHPC Limited. The project, secured under NHPC's BESS tranche-I tender through a competitive bidding route for Kerala State Electricity Board Limited being the end user of the Battery Energy Storage System (BESS) asset, involves setting up a 30 MW/120 MWh battery storage syste ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from th ...Read More >
HYDERABAD: State BJP president N Ramchander Rao on Thursday slammed the Congress government and Chief Minister A Revanth Reddy for failing to address farmers' issues despite completing 19 months in office. Speaking at the Kisan Morcha state office-bearers' meeting at the BJP headquarters in Hyderabad, he accused the state government of neglecting farmers due to its skewed policies. He urged party workers to collaborate with the Kisan Morcha to highlight farmers' grievances and counter the Cong ...Read More >
HYDERABAD: Union Minister G Kishan Reddy on Thursday sought the cooperation of Telangana government in executing renewable energy projects proposed by Central Public Sector Undertakings (CPSUs) under the Ministry of Coal. In a letter addressed to Chief Minister A Revanth Reddy, the Union Coal & Mines minister said that the CPSUs under the Ministry of Coal, especially the Coal India Limited (CIL) and NLC India Limited (NLCIL), are ready to partner with the Telangana government to implement key r ...Read More >
Hyderabad: Union Minister for Coal and Mines G. Kishan Reddy, has formally requested the Telangana Government to collaborate on a major renewable energy initiative proposed by Central Public Sector Undertakings (CPSUs) under his Ministry. In a letter addressed to Telangana Chief Minister A Revanth Reddy on Thursday, the Minister outlined a comprehensive investment plan worth approximately Rs 10,000 crore aimed at boosting green power infrastructure across the state. Highlighting the national s ...Read More >
Oriana Power jumped 4.70% to Rs 2,408 after the company secured an order worth Rs 212.31 crore from Karnataka Power Transmission Corporation (KPTCL) for setting up 50 MW/100 MWh standalone Battery Energy Storage Systems (BESS).The project will install standalone grid-scale BESS facilities with a total capacity of 50 MW/100 MWh at Shahapur Taluk Yadagir, Karnataka. This BESS initiative aims to improve grid stability by balancing supply and demand, lowering the risk of blackouts, and boosting over ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped insi ...Read More >
Mumbai: India's renewable energy sector reported a 420% year-on-year growth in capacity addition in June 2025, rising from 1.4 GW last year to 7.3 GW this year, said Prahlad Joshi, Union Minister for New and Renewable Energy. Joshi was speaking at the IVCA Renewable Energy Summit in Mumbai on Tuesday. The minister highlighted that India has witnessed an astonishing 4,000% increase in solar energy capacity, growing from 2.82 GW to 117 GW by 2025. Wind energy capacity also rose from 21 GW to 51.7 ...Read More >
July 14 (Reuters) - India said on Monday it has achieved 50% of its installed electricity capacity from non-fossil fuel sources -- five years ahead of its 2030 target under the Paris Agreement, signalling accelerating momentum in the country's clean energy transition. WHY IT'S IMPORTANT The announcement comes as India's renewable power output rose at its fastest pace since 2022 in the first half of 2025, while coal-fired generation declined nearly 3%. Fossil fuels still accounted for over two ...Read More >
New Delhi: Power minister Manohar Lal on Wednesday said establishing an energy storage system is essential to meet clean energy targets to stabilise the grid, optimise power generation and ensure round-the-clock electricity supply. Over the last three-four years, the cost of energy storage has significantly dropped, Lal said at the India Energy Storage Week conference here on Wednesday. "What was once ₹10 lakh/MW has now fallen to ₹2.5 lakh/MW per month, a reduction to one-fourth of the origin ...Read More >
India is boosting its energy storage. Around 12,500 MW of BESS projects are under tender. Another 3,300 MW are in the pipeline. The country aims for 8,500 MWh in two years. Current BESS capacity is around 205 MW. The government targets 3,000 MW of hydro pumped storage this year. Around 12,500 MW capacity of Battery Energy Storage System (BESS) projects are under tendering process and 3,300 MW in the pipeline, Central Electricity Authority Chairperson Ghanshyam Prasad said on Wednesday. He was ...Read More >
New Delhi, Jul 9 (PTI) Around 12,500 MW capacity of Battery Energy Storage System (BESS) projects are under tendering process and 3,300 MW in the pipeline, Central Electricity Authority Chairperson Ghanshyam Prasad said on Wednesday. He was speaking on the second day of India Energy Storage Week organised by India Energy Storage Alliance (IESA) here. "We have roughly around 3300 MW capacity in the pipeline, culminating to 8500 megawatt hour (MWh)...expected in the next two years. Another thing ...Read More >
Patna: The state cabinet on Tuesday approved the Bihar Renewable Energy Policy 2025, setting a new direction for the state's transition towards clean and sustainable energy."This policy is a significant milestone in Bihar's journey towards a cleaner, more sustainable energy future. It reflects the CM's deep commitment to environmentally responsible development that safeguards future generations," energy minister Bijendra Prasad Yadav said.Energy secretary Manoj Kumar Singh said the policy would ...Read More >
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