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Bondada Engineering secures Rs 513.94 crore orders for BESS and telecom towers
Bondada Engineering Limited has secured orders worth approximately Rs 513.94 crore, including taxes, through two subsidiaries for Battery Energy Storage System (BESS) projects in Tamil Nadu and telecom tower supply in Udaipur and Ahmedabad. Bondada Renewable Energy Private Limited has received orders for setting up BESS projects with an aggregate capacity of 200 MW /…
Tangedco halts stability tests for 2,000 MW Sillahalla hydro project
Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) has paused site stability tests, including rock blasting and earth quarrying, for its proposed 2,000 MW Sillahalla Pumped Storage Hydroelectric Project in the Nilgiris. Estimated at Rs 69.14 billion, the project was to be developed in two stages through a public-private partnership. The state would provide funding…
CERC approves transmission tariff for Sirohi Transmission’s ISTS project
The Central Electricity Regulatory Commission (CERC) has approved the annual transmission tariff of Rs 2.91 billion for Sirohi Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL), for its ISTS scheme. This project, named “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer Complex)…
ENGIE achieves financial closure for 250 MW Khaba solar project in Rajasthan
ENGIE has achieved financial closure for its 250 MW Khaba Solar Project in Barmer, Rajasthan, with construction expected to be completed by Q3 2026. The project is being developed through Khaba Renewable Energy Private Limited, a wholly owned subsidiary of ENGIE. Financing has been secured from leading global financial institutions, supporting the project as it…
Exide Industries adds Rs 1 billion to lithium cell unit; IFC backs EV platform Transvolt
Exide Industries has approved an additional equity investment of Rs 1 billion in Exide Energy Solutions Limited (EESL). This brings its total investment in the wholly owned subsidiary to Rs 37.0223 billion. The new capital will fund the development of EESL’s greenfield lithium-ion cell manufacturing facility in Bengaluru. The first phase of the plant, with…
Solex Energy’s 3.78 GW Surat module plant added to MNRE ALMM list
Solex Energy Limited has received approval for its 3.78 GW solar module manufacturing facility in Surat, Gujarat, under the Approved List of Models and Manufacturers (ALMM) framework of the Ministry of New and Renewable Energy (MNRE). The listing enables the company to supply ALMM-compliant solar photovoltaic (PV) modules to government-supported solar projects in India. With…
