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New Delhi: Solarworld is doubling down on India's fast-growing energy storage space, picking up two sizeable battery projects from NTPC within minutes of each other on the same day. Secures twin BESS orders The company received two separate letters of award for battery energy storage system (BESS) EPC projects under NTPC's thermal power station programme (Lot-2). The larger contract covers 75 MW/150 MWh at the Solapur Super Thermal Power Station, valued at approximately INR 176.91 crore. The s ...Read More >
Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat lea ...Read More >
Patiala: Punjab faces unprecedented pressure on its power grid, with electricity demand almost doubling over the past 12 years -- drawing parallels with a developing nation's industrial boom and raising fears of future grid stress. On July 5, the demand was highest ever, with peak load surging to 17,233 MW, almost double the 9,074 MW recorded in the year 2012-13. Officials associate this sharp rise with the state's intensifying domestic, industrial, and agricultural power usage -- during the sum ...Read More >
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