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Tata Group invests Rs 9.5 billion in battery manufacturing subsidiary

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Tata Group has invested Rs 9.5 billion into its battery manufacturing subsidiary, Agratas, to expand in the new energy sector. Agratas focuses on advanced manufacturing capabilities for cleaner energy solutions, particularly for the automotive industry. The company plans to build a 40 GWh gigafactory in the UK and a 20 GWh plant in Sanand, Gujarat, using cutting-edge technology. Agratas produces batteries for the automotive and energy sectors, including two-wheelers, commercial vehicles, and energy storage systems….

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Maharashtra’s solar park under MSKVY 2.0 begins supplying power

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The first solar park under the MukhyaMantri Saur Krishi Vahini Yojana 2.0 (MSKVY 2.0) has started generating daytime power for farmers in Dhondalgaon village, Chhatrapati Sambhaji Nagar district, Maharashtra. Led by the Maharashtra State Electricity Distribution Company (MSEDCL), the 3 MW solar project is part of the state’s larger goal of developing 9,200 MW of solar energy under MSKVY 2.0 to solarise 30% of feeders by 2025. The project, developed on 13 acres of public…

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Epic Energy announces JV for EV charger manufacturing in Coimbatore

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Epic Energy (EPIC) has announced a joint venture with Fenfeo Automotive to set up an electric vehicle (EV) charger manufacturing facility in Coimbatore, Tamil Nadu. The plant will initially produce 15,000 chargers annually, with plans for expansion based on market demand. EPIC will hold a 76% stake in the JV, while Fenfeo will own 24%. The project requires an estimated investment of Rs 50 million, with an expected annual gross revenue of Rs 150 million…

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Suzlon secures order of 1,166 MW from NTPC

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Renewable energy provider Suzlon has won a 1,166 MW order from NTPC Green Energy to supply and install 370 wind turbine generators (WTGs) in Gujarat. This includes two NTPC Renewable Energy projects and one project by IndianOil NTPC Green Energy, equipped with S144 WTGs and a hybrid lattice tubular tower. Each turbine has a rated capacity of 3.15 MW. Suzlon will handle the equipment supply, project execution, and operations and maintenance services post-commissioning. This order…

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Tata Power’s subsidiary begins solar cell production in Tamil Nadu

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TP Solar, a subsidiary of Tata Power Renewable Energy (TPREL), has commenced commercial production at its 2 GW solar cell manufacturing facility in Tirunelveli, Tamil Nadu, marking it as the largest single-location solar cell and module plant in India.   The plant currently has a 2 GW production capacity, which will expand by another 2 GW in the coming weeks. The Tirunelveli plant, with a total cell and module manufacturing capacity of 4.3 GW, has produced…

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JSW Neo wins 600 MW wind-solar hybrid project from MSEDCL

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JSW Neo Energy, a subsidiary of JSW Energy, has received a letter of award for a 600 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL) under Phase IV, including an additional 400 MW through the greenshoe option. This project boosts JSW’s energy solutions portfolio and supports its transition towards becoming an energy products and services company. With this award, JSW’s total locked-in generation capacity has risen to 18.2 GW, including 3.8 GW…

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Oriana Power’s arm wins solar project in Tamil Nadu

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Oriana Power’s subsidiary, TrueRE Surya, has secured a contract to build and operate a 128 MW ground-mounted solar power plant in Tamil Nadu for Dalmia Cement (Bharat), a subsidiary of Dalmia Bharat. The project, costing Rs 5.2 billion, will be completed within 12 months and generate 1.92 billion units of electricity annually, supporting Dalmia Bharat’s RE100 commitment by 2030. Dalmia Cement will acquire 26% of TrueRE Surya’s equity in tranches over the next four to…

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SJVN, GMR, IREDA sign MoU for Upper Karnali Hydro Project in Nepal

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SJVN, GMR Upper Karnali Hydro Power (GMR), and the Indian Renewable Energy Development Agency (IREDA) have signed a memorandum of understanding (MoU) to jointly develop the 900 MW Upper Karnali Hydro Electric Project in Nepal. SJVN and GMR will each hold a 34% stake, with IREDA taking 5%, while the remaining equity will be owned by the Nepal Electricity Authority (NEA). The project, with an estimated cost of Rs 91 billion, will be developed on…

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BMW announces plans to produce its first hydrogen car by 2028

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German luxury automaker BMW has revealed plans to produce its first hydrogen-powered car by 2028. BMW is partnering with Toyota to create a new generation of fuel-cell powertrains, continuing a collaboration that previously resulted in the current-generation Toyota Supra. The partnership aims to overcome the challenges that have hindered the adoption of hydrogen technology, including high costs and limited infrastructure. BMW’s announcement comes with few specifics about the vehicle, but it is expected to be…

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Maharashtra secures Rs 1,200 billion investments

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The Maharashtra government has secured investments worth Rs 1,200 billion, reinforcing the state’s status as a leading industrial hub. A cabinet sub-committee, led by Chief Minister Eknath Shinde, has approved several key projects expected to generate thousands of jobs and foster technological advancements. Key Projects: Tower Semiconductor with Adani Group: A semiconductor fabrication unit in Panvel, Mumbai, with an investment of Rs 839.47 billion. This project, a joint venture between Adani Group and Israel’s Tower…