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Pace Digitek wins 250 MW BESS project from DVC in Jharkhand
Pace Digitek Limited has received a Letter of Award from Damodar Valley Corporation (DVC) for a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon in Jharkhand. The total contract value is Rs 7,019.54 million, including Goods and Services Tax (GST). The award includes three separate contracts. The supply contract, valued…
ADB commits $5 billion for ASEAN Power Grid
Asian Development Bank (ADB) has committed to mobilise $30 billion for the Association of Southeast Asian Nations (ASEAN) by 2030, including $5 billion dedicated to accelerating development of the ASEAN Power Grid. ADB President Masato Kanda announced the commitment during the 48th ASEAN Summit held in Cebu on May 8, 2026, where he participated as…
Core Energy raises Rs 2 billion to expand nuclear manufacturing
CORE Energy Systems has secured Rs 2 billion in a new funding round led by investors and a group of strategic backers. The funds will support the expansion of the company’s manufacturing facilities and contribute to India’s nuclear energy initiatives, including small modular reactor (SMR) and Bharat Modular Reactor programmes. This round marks the exit…
- India | Generation | News
JSW Energy secures CoC approval for RCRIPL resolution plan
JSW Energy has received approval from the Committee of Creditors for its resolution plan for Raigarh Champa Rail Infrastructure Private Limited. The company received the Letter of Intent on November 19, 2025, which marks an important step in securing rail connectivity for its 3,600 MW thermal power project. The approval follows JSW Energy’s earlier acquisition…
Statkraft submits planning application for 2.1 GW wind farm in Baltic Sea
Statkraft has filed a planning application for the 2.1 GW Baltic Offshore Delta North wind farm, located approximately 100 kilometres east of Stockholm, within Sweden’s economic zone in the Baltic Sea.  The bottom-fixed wind farm is designed to produce around 8 TWh of electricity annually, which could supply 40% of Stockholm County’s electricity consumption. The…
CERC proposes third DSM amendment covering wind-solar parity, storage and payment timelines
The Central Electricity Regulatory Commission (CERC) has issued a draft amendment to the Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2024, proposing changes related to wind-solar (WS) projects, standalone energy storage systems (ESS), and deviation charge payment timelines. The draft Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) (Third Amendment) Regulations, 2026,…
