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Waaree Energy raises Rs 1,003 crore for 20 GWh battery manufacturing plan
Waaree Energy Storage Solutions Private Limited (WESSPL), a subsidiary of the publicly listed Waaree Energies Ltd., has announced the completion of a strategic funding round totalling approximately Rs 1,003 Crores. The investment was received from a consortium of strategic investors, including family offices, high-net-worth individuals (HNIs), and institutional backers. The capital infusion is part of…
NTPC Green commissions solar and wind projects in Gujarat
NTPC Green Energy Limited has announced that 212.5 MW from the 1,255 MW Khavda-I solar photovoltaic project developed by NTPC Renewable Energy Limited has commenced commercial operations from 20 August 2025. The Khavda-I project is being developed under the CPSU Scheme Phase-II Tranche-III. The company further reported that 52.8 MW of wind capacity from a…
ISGEC wins Rs 1.87 bn ESP upgrade contract at Kolaghat thermal plant
ISGEC Heavy Engineering Limited has secured a contract valued at Rs 1,867.35 million for renovation and modernisation (R&M) of electrostatic precipitators (ESPs) for Units 4 to 6 of the Kolaghat Thermal Power Plant in West Bengal. The tender was floated by West Bengal Power Development Corporation Limited (WBPDCL) in January 2024. The contract forms part…
Eastman Auto and Power to invest up to Rs 10 billion by FY27
Eastman Auto and Power has announced plans to invest between Rs 7 billion and Rs 10 billion over the next three financial years to expand its capacity. The investment will be funded through internal accruals. The company will focus its expansion on the distributed rooftop solar segment. Eastman aims to reach a turnover of Rs…
Aboitiz Power to develop Philippines’ first hybrid BESS and geothermal system
AP Renewables Inc. (APRI) and Aboitiz Renewables Inc. (ARI), subsidiaries of Aboitiz Power Corporation, have partnered with Shandong Electric Power Engineering Consulting Institute Co. Ltd. (SDEPCI) for the Bay Battery Energy Storage System (BESS) Project in Barangay Bitin, Bay, Laguna, Philippines. The project will integrate a battery energy storage system with APRI’s Makban geothermal plant,…
India and Kuwait elevate ties to strategic partnership
India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with…
