The installation is expected to support around 900 units of electricity daily, generating estimated annual savings of about ₹3.24 million. Solar manufacturing and energy storage company Loom has secured a turnkey 0.5 MW solar-plus-storage project for Rajvansh Associates Rice Mill in Mahasamund, Chhattisgarh, expanding its presence in India’s commercial and industrial (C&I) renewable energy market....
Tag: Energy storage
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Tata Power’s Q2 Profit Surges 33% to Record ₹16.52 Billion on Broad-Based Growth
The performance was driven by broad-based growth across conventional and renewable generation, transmission and distribution operations, and emerging consumer-focused clean-energy businesses. Tata Power reported its highest-ever quarterly profit, with consolidated profit after tax rising 33 per cent year-on-year to ₹16.52 billion in the second quarter of FY2026-27, supported by broad-based growth across generation, renewable energy,...
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Tata Power Deploys 60 MWh BESS to Strengthen Mumbai Grid Reliability
The installations form part of Tata Power’s broader strategy to modernise Mumbai’s electricity infrastructure and strengthen the resilience of the city’s power network. Tata Power has deployed 60 MWh of battery energy storage systems (BESS) across Mumbai to strengthen grid reliability, improve power procurement efficiency and support peak-demand management across its electricity distribution network serving...
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Cabinet Clears ₹145 Billion VGF Scheme to Build 92 GWh of Grid-Scale Energy Storage
The scheme mandates a minimum 40 per cent domestic content requirement for battery energy storage projects, aiming to strengthen domestic manufacturing capabilities. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a ₹145 billion Viability Gap Funding (VGF) Scheme to support the development of 92 GWh of new grid-scale energy storage capacity between...
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Odisha Draws ₹1.17 Trillion Clean Energy Investment Interest; Targets Top-Tier Power Export Status
The 18 MoUs inked at the Bharat Renewable Energy Summit & Expo 2026 reinforce Odisha’s ambitions to emerge as a leading clean-energy investment destination. Odisha has attracted investment proposals worth more than ₹1.17 trillion ($17.93 billion) through 18 memorandums of understanding (MoUs) signed at the Bharat Renewable Energy Summit & Expo 2026, reinforcing its ambitions...
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India Targets $220 Billion Renewable Energy Investment by 2030: MNRE Secretary
The upcoming Bharat Renewable Energy Summit & Expo is expected to help mobilise the capital, technology and partnerships required to support India’s $220 billion clean-energy investment pipeline through 2030. India will require approximately $220 billion in investment between 2027 and 2030 to achieve its clean energy ambitions, with the upcoming Bharat Renewable Energy Summit &...
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NTPC Cancels Mouda BESS Contract, Moves to Retender After GRIL Default
The ₹4.13 billion contract, awarded in March 2026, was scheduled for completion within 15 months to support India’s energy transition goals. In what amounts to a stern warning to its contractors, state‑run NTPC Ltd has terminated the agreement awarded to GR Infraprojects Ltd (GRIL) for the 400‑MWh battery energy storage system (BESS) project at Mouda...
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India Approves ₹50.7 Billion Scheme for Floating Solar Projects with Energy Storage
Union Minister Pralhad Venkatesh Joshi said the initiative would usher in a new era of clean energy by tapping the vast potential of India’s reservoirs and water bodies. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Pradhan Mantri Surya Sarovar Yojana (PM‑SSY), a ₹50.7 billion scheme to develop floating solar photovoltaic (FSPV) projects integrated with...
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Tata Power Wins SECI Award for 324 MW Supply from Bhivpuri Pumped Hydro Project
The project will be developed under the BOO and will provide eight hours of energy storage, enabling reliable dispatch of electricity during peak demand periods. Tata Power has received a letter of award from the Solar Energy Corp. of India Ltd (SECI) for the supply of 324 MW power from its 1,000 MW pumped hydro...
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Power Minister Launches India’s First MWh-Scale Vanadium Flow Battery at NTPC’s R&D Hub
India’s first 3 MWh vanadium flow battery represents a breakthrough in long‑duration energy storage (LDES), enabling deeper renewable integration and greater grid stability. Manohar Lal, Minister of Power and Housing & Urban Affairs, on Tuesday inaugurated India’s first megawatt-hour scale vanadium redox flow battery (VRFB) system at NTPC’s R&D centre, NETRA, in Greater Noida. With...
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