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Maharashtra approves renewable energy and storage policy 2025-2035
The Maharashtra state cabinet has approved the Maharashtra Renewable Energy and Energy Storage Policy 2025-2035, establishing a framework to integrate energy storage with renewable generation to manage intermittency and strengthen grid reliability. The policy introduces Battery Energy Storage Systems (BESS) capable of storing generated energy for up to four hours for later use. The measure…
CERC sets phased X-factor reduction for RE deviation, keeps FY27 unchanged
The Central Electricity Regulatory Commission (CERC) has finalised a phased reduction trajectory for the “X” parameter used to compute deviation percentages for wind and solar generators, introducing differentiated timelines for the two technologies while retaining the existing methodology for FY 2026–27. The order, dated March 31, 2026, resolves a key issue left open under the…
India may open uranium mining and processing to private sector
India is considering a policy to permit private companies to mine, import, and process uranium, Reuters reported, citing two government sources. The plan aims to attract significant investment, expand the country’s nuclear power sector, and increase nuclear power’s share to 5 per cent of total electricity generation. The proposed framework would keep government control over…
Advait subsidiary signs BESPA with GUVNL for 150 MW BESS
Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, has informed the stock exchanges that its wholly owned subsidiary, Advait BESS Bhesaan Private Limited, has executed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a standalone Battery Energy Storage System (BESS) project with a capacity of 150…
PVV Infra expands clean energy project to Rs 1,250 crore
PVV Infra Limited has entered into a technology collaboration with ITC Services Company Limited, Taiwan, raising the value of its integrated clean energy manufacturing project in Andhra Pradesh to approximately Rs 1,250 crore. The company’s board approved a Memorandum of Understanding (MoU) with ITC Services Company Limited covering consultancy, customization and technology transfer for high-efficiency…
Nexans to sell AmerCable to Mattr for $280 million
Nexans has agreed to sell AmerCable, its Arkansas-based subsidiary specializing in power, control, and instrumentation cables for harsh environments, to Mattr for an enterprise value of $280 million. Known for its durable cables widely used in mining and oil and gas industries, AmerCable has been a key player in the power cable sector since 1922…
