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SECI awards Konark solar-plus-storage project at Rs 2.60/kWh
Solar Energy Corporation of India (SECI) has awarded a 10 MW solar project with a co-located 10 MW/20 MWh battery energy storage system (BESS) to BNC Power Projects Limited at a tariff of Rs 2.60/kWh. The project did not draw any viability gap funding (VGF) support available under the scheme. SECI had floated the tender…
Power Ministry eases DPIIT norms for BESS bidders
The Ministry of Power (MoP) has allotted a one-year relaxation of industrial registration requirements to support participation in grid connected battery energy storage system (BESS) tenders. The measure aims to address current constraints in domestic battery manufacturing and ensure timely execution of large scale storage projects. Under the notification, bidders using lithium ion cell technology…
PFCCL re-invites RFP for ERGS-I transmission project
PFC Consulting Limited (PFCCL) re-invited the Request for Proposal (RFP) for selecting a Transmission Service Provider (TSP) through the tariff-based competitive bidding (TBCB) process for the Eastern Region Generation Scheme-I (ERGS-I) on January 21, 2025. The deadline for bid submission is March 25, 2025. The earlier bidding process was conducted in March 2024. PFCCL is…
Solar91 Cleantech secures BSE approval for Rs 1 billion SME IPO
Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO). The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of Rs 1 billion. The proceeds will be used to support Solar91 Cleantech’s transition into an independent…
Pine Gate receives approval for 2.4GW Sunstone solar project in Oregon
Pine Gate Renewables has received final discretionary approval from the Oregon Energy Facility Siting Council (EFSC) to begin construction of the 2.4GW Sunstone solar project, which includes 1.2GW of solar capacity and 1.2GW of energy storage. This project is set to become the largest proposed solar and storage project in the United States. The approval…
J.K. Cement takes 9.77% stake in 40 MW solar SPV
J.K. Cement Limited has acquired a 9.77% equity stake in Mehrauni Electro Power Private Limited (MEPPL), a special purpose vehicle developing a 40 MW AC solar project in Uttar Pradesh, to support its renewable power procurement strategy. In a regulatory filing dated April 15, 2026, the company said it subscribed to 2.1 million equity shares…
