JSW Energy to start 5-GWh battery plant in Pune
Author: PPD Team Date: October 27, 2025
Author: PPD Team Date: October 27, 2025
JSW Energy plans to commission its 5-GWh battery assembly plant in Pune, Maharashtra, in the third quarter of 2025. The facility will support Battery Energy Storage Systems (BESS) and help meet domestic content requirements when mandated.
In a related update, Sharad Mahendra, Joint Managing Director and CEO, said trial runs for the company’s green hydrogen project at Vijayanagar are nearing completion. The project has a capacity of 3,800 tonnes per annum.
The company currently has 29.4 GWh of locked-in storage capacity and has signed agreements for an additional 25.2 GWh. By 2030, JSW Energy aims to reach 30 GW of generation capacity and 40 GWh of storage capacity.
Author: PPD Team Date: February 12, 2025 Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been arranged from multiple institutions, including Power Finance Corporation Limited (PFC), DBS Bank, Hongkong and Shanghai Banking Corporation (HSBC), and the Indian Renewable Energy Development Agency Limited (IREDA). This financing will enhance the…
Author: PPD Team Date: January 20, 2026 The United Kingdom Government has awarded contracts for 8.4 GW of new offshore wind capacity under its seventh Contracts for Difference allocation round. The round is expected to attract £3.4 billion in private investment and support up to 7,000 jobs across the country. Allocation Round 7 (AR7) is expected to deliver enough electricity to power more than 12 million homes. The programme includes £204 million of public funding…
Author: PPD Team Date: January 7, 2025 Suzuki Motor Corporation, through its subsidiary Suzuki R&D Center India (SRDI), has partnered with the National Dairy Development Board (NDDB) to invest in its biogas arm, NDDB Mirda. Suzuki will acquire a 26% equity stake, with NDDB retaining 74%. The equity transaction is valued at par, with an initial capital of Rs 3 billion. In the first phase, Suzuki will invest Rs 88.4 million, while NDDB will contribute…
Author: PPD Team Date: August 28, 2025 Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under a Tariff-Based Competitive Bidding (TBCB) process to develop the “Transmission system strengthening at Davanagere for integration of renewable energy (RE) generation” project. The company received the Letter of Intent (LoI) on August 27, 2025. The project’s qualified bidders included POWERGRID, H G Infra Engineering Limited, Techno Electric & Engineering Company Limited, and Ramalingam Construction…
Author: PPD Team Date: July 22, 2025 Maharashtra is set to offer the lowest industrial electricity tariff in the country, with rates expected to fall to Rs 7.38 per unit under a revised power policy. As reported by The Times of India, Chief Minister Devendra Fadnavis announced during a session in the Legislative Council, positioning the state ahead of Karnataka (Rs 7.75) and Gujarat (Rs 8.98) in industrial tariff competitiveness. The current industrial rate in…
Author: PPD Team Date: June 26, 2025 On June 25, 2025, the Ministry of Power issued amendments to the guidelines for Tariff Based Competitive Bidding (TBCB) for procuring power from grid-connected renewable energy projects. The revised norms apply to solar, wind, wind-solar hybrid, and firm dispatchable power projects with energy storage. The changes were shared through a formal communication to stakeholders, including the Ministry of New and Renewable Energy (MNRE), Central Electricity Authority (CEA), and…