Gujarat Industries Power Company Limited (GIPCL) has issued a Letter of Intent (LoI) to Bondada Engineering Limited for a 20 MW/120 MWh Battery Energy Storage System (BESS) project following approval from Gujarat Urja Vikas Nigam Limited (GUVNL). In a regulatory filing dated October 17, 2026, GIPCL confirmed that Bondada Engineering, Hyderabad, accepted the LoI through […]
NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC, is set to synchronise its first Battery Energy Storage System (BESS) project with a capacity of 500 MWh in the coming days. Commercial operations will begin after synchronisation, marking NVVN’s entry into the battery energy storage sector. NVVN CEO Somes Bandyopadhyay shared the update […]
Cygni Energy has signed an MoU with Indus Towers to develop Battery Energy Storage System (BESS) solutions and establish manufacturing capacity of up to 1.5 GWh for telecom infrastructure in India. Cygni Energy has signed a memorandum of understanding (MoU) with Indus Towers to collaborate on energy storage solutions for telecom infrastructure in India. Under […]
Sterling and Wilson Renewable Energy has secured orders worth over ₹985 crore, including a 534.3 MWp project in Rajasthan and 616 MWh BESS projects in South Africa. Key Highlights: Sterling and Wilson Renewable Energy has secured significant new orders worth over ₹985 crore across India and South Africa. The company said in a press release […]
The share of India’s electricity generation from renewable energy is projected to exceed 35% by FY30, up from 22.1% in FY25, with an additional 200 GW capacity expected. This growth is contingent on the effective implementation of ongoing projects, infrastructure development, and timely contract signings. Despite a stable outlook supported by strong policies and demand […]
A report by the Energy and Resources Institute (TERI) suggests that solar power combined with storage is more cost-effective than constructing new thermal plants for round-the-clock electricity supply. The study analysed the per-unit cost of meeting the demand of BSES Rajdhani Power Limited (BRPL) using solar power combined with battery energy storage systems (BESS) and […]
