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Prostarm wins 150 MW/300 MWh BESS project in Karnataka
Prostarm Info Systems Limited has won Karnataka Power Transmission Corporation Limited’s (KPTCL) auction for a 150 MW/300 MWh standalone battery energy storage system (BESS) at the Doni substation in Gadag district. The project will operate on a build-own-operate model for 12 years. The winning tariff is ₹254,000 per MW per month, inclusive of the state’s…
PGCIL wins two ISTS projects in Gujarat and Karnataka
Power Grid Corporation of India Limited (PGCIL) received the Letter of Intent (LoI) for two Interstate Transmission System (ISTS) projects under the Tariff Based Competitive Bidding (TBCB) route on January 6, 2025. These projects are on a Build, Own, Operate, and Transfer (BOOT) basis: Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V…
India | Leadership | NewsPankaj Joshi appointed Chairperson of GERC
Former Chief Secretary of Gujarat, Pankaj Joshi, has been appointed Chairperson of the Gujarat Electricity Regulatory Commission (GERC). The state government has also named Jatin Natvarlal Thakkar and Navinchandra Shah as Members of the Commission. The appointments follow recommendations made by a Selection Committee formed earlier this year to shortlist candidates for the posts. An…
Finland commissions world’s largest sand battery for thermal storage
Finland has brought online a 1 MW/100 MWh sand battery developed by Polar Night Energy in Pornainen. Commissioned by district heating firm Loviisan Lämpö in June, it now serves as the main source for the local heating network. The system, built with 2,000 tons of crushed soapstone, is 13 meters high and 15 meters wide….
India | Leadership | NewsWaaree reshuffles top leadership, appoints new CEO and CFO
Waaree Energies Limited has made sweeping changes to its senior management, replacing both its Chief Executive Officer and Chief Financial Officer on the same day while also bringing in two new senior appointments. CEO transition Amit Ashok Paithankar stepped down as Whole-Time Director and CEO on March 20, 2026, ahead of the May 15 date…
Centre pushes for resource adequacy, smart metering at southern power review meet
The Regional Power Conference for Southern States and Union Territories was held in Bengaluru, chaired by Shri Manohar Lal, Union Minister for Power and Housing & Urban Affairs. Attendees included Shri Shripad Naik, Union Minister of State for Power and New & Renewable Energy, along with state ministers and senior officials. The meeting focused on…
