NLCIL wins 500 MWh battery storage project from Tamil Nadu
Author: PPD Team Date: June 24, 2025
Author: PPD Team Date: June 24, 2025
NLC India Renewables Limited (NIRL), a wholly owned arm of NLC India Limited (NLCIL), has secured a 500 MWh Battery Energy Storage System (BESS) project from Tamil Nadu Green Energy Corporation Limited (TNGECL). This is NLCIL’s first large-scale BESS project.
The project includes three standalone BESS installations of 250 MW / 500 MWh capacity, to be located at Ottapidaram, Annpankulam, and Kayathar substations in Tamil Nadu.
The contract was awarded through tariff-based competitive bidding under the State Component of the Viability Gap Funding (VGF) scheme.
The systems will support two full charge-discharge cycles daily and enable the state to better manage peak demand, improve grid reliability, and integrate renewable energy.
NLCIL previously commissioned an 8 MWh BESS at Andaman, integrated with a 20 MW solar plant, which helped reduce diesel use on the island.
CMD Prasanna Kumar Motupalli said the project marks NLCIL’s shift from lignite to clean energy leadership, reinforcing its target of 10 GW renewable capacity by 2030.
In May 2025, NIRL also signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) in Mumbai.
Author: PPD Team Date: August 18, 2025 Nuclear Power Corporation of India (NPCIL) has signed an MoU with Engineers India Limited (EIL) to provide design and engineering services for the Bharat Small Modular Reactor (BSMR). The agreement was signed on 12 August at NPCIL’s Mumbai office. The project supports the government’s plan to expand nuclear capacity to 100 GW by 2047, up from the current 8,180 MW. The 200 MW BSMR, based on pressurised water…
Author: PPD Team Date: February 5, 2025 Lords Mark Industries Private Limited has won a contract from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to set up 300 MW of grid-connected rooftop solar power plants under the Renewable Energy Service Company (RESCO) model. The firm secured the contract at a tariff of Rs 4.8 per kWh. The contract is part of a larger initiative initiated by UPNEDA in July 2024, initially calling…
Author: PPD Team Date: January 27, 2026 ACME Solar Holdings Limited has informed the stock exchanges that its subsidiary, ACME Eco Clean Energy Private Limited, has commissioned an additional 4 MW of its 100 MW wind power project at Titoda in Gujarat. The commissioning was witnessed and confirmed by officials from the Gujarat Energy Development Agency and Paschim Gujarat Vij Company Limited. The company stated that a formal certification for the commissioning is expected to…
Author: PPD Team Date: February 13, 2025 Megha Engineering and Infrastructure Limited (MEIL) is set to invest Rs 103 billion in developing a pumped storage project (PSP) at Kommuru in Annamayya district, Andhra Pradesh. The project has received approval from the State Investment Promotion Board (SIPB), chaired by Chief Minister Chandrababu Naidu. This project is among 15 PSPs approved by SIPB and aims to enhance the region’s energy infrastructure. Along with generating clean electricity, the…
Author: PPD Team Date: November 7, 2025 Global corporate funding in the energy storage sector fell 36% year-over-year to $11.2 billion across 85 deals in the first nine months of 2025, down from $17.6 billion in 2024, according to Mercom Capital Group. Venture capital (VC) investment rose slightly to $2.8 billion across 56 deals, led by $1.1 billion in funding for materials and components firms developing next-generation battery technologies. Other top-funded segments included energy storage…
Author: PPD Team Date: March 28, 2025 Diamond Power Infrastructure Limited has received multiple Letters of Intent (LoIs) for transmission and cable supply projects in Gujarat. The company secured an LoI worth Rs 231.68 million for the 220 kV D/C Maglana – Pachham line (80.01 km) under the Gujarat Green Energy Corridor-II. The project, awarded by Gujarat Energy Transmission Corporation Limited (GETCO), is expected to be completed by August 2025. GETCO is implementing the Rs…