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Powertrac Group invests Rs 600 crore in 1,000 MWh BESS facility
Gujarat-based Powertrac Group has invested Rs 600 crore to set up a 1,000 MWh per annum containerised Battery Energy Storage System (BESS) manufacturing facility in India. The company joins firms such as Hoymiles and Pace Digitek that have recently entered the containerised BESS segment. Divyarajsinh Zala, Managing Director (MD) of Powertrac Group, announced the development…
SJS Enterprises acquires stake in Karnataka wind power firm
SJS Enterprises Limited has acquired a 2.08 percent equity stake in DB Renews Private Limited (DRPL), a wind power generation company based in Karnataka, for a total consideration of Rs 72 lakh. The investment will enable SJS Enterprises to become a captive consumer of the wind power generated by the company. According to a regulatory…
NTPC and EDF collaborate to develop hydro and PSPs in India
NTPC Limited and EDF India Private Limited have signed a non-binding term sheet to collaborate on the development of pumped storage projects and hydro projects integrated with renewable energy initiatives. The partnership will also explore opportunities in the power distribution sector. As part of this collaboration, the two companies plan to establish a joint venture…
Techno Electric to set up 10 MW data centre for RailTel in Noida
Techno Electric & Engineering Company Ltd has received a letter of intent from RailTel Corporation of India to develop a 10 MW data centre in Noida, Uttar Pradesh. The facility will be built on RailTel-owned land. The award is subject to conditions outlined in the letter of intent and will proceed upon signing of a…
ACME Solar commissions first phase of Rajasthan BESS project
ACME Solar Holdings Limited (ASHL) has commissioned the first phase of its large scale Battery Energy Storage System (BESS) project in Rajasthan. The initial phase of 19 MW/38 MWh was activated on February 25, 2026, through its wholly owned subsidiary, ACME Suryodaya Private Limited. The project is located in the villages of Sanwara and Mehar…
Adani Group plans Rs 12 trillion investment across energy and infrastructure
The Adani Group plans to invest more than USD 75 billion in energy transition projects over the next five years. Gautam Adani announced the plan during the centenary celebrations of the IIT (ISM) Dhanbad. He said the shift to green energy is emerging as a multi-trillion-dollar opportunity that will drive growth in electricity-based manufacturing, green…
