Adani Green Energy Limited (AGEL) reported a profit of Rs 983 crore for the quarter ended June 30, 2026, supported by capacity additions and higher energy sales across its renewable portfolio. The company reported total income of Rs 4,663 crore during Q1 FY27, compared with Rs 3,727 crore in the preceding quarter and Rs 4,006…
India-based Offgrid Energy Labs has inaugurated its first manufacturing facility in the United Kingdom for ZincGel®, its long-duration battery technology developed in India. The facility, located in Hook, Hampshire, was launched on July 7, 2026, and marks the company’s entry into commercial manufacturing outside India. The company said the plant has an initial pilot manufacturing…
The Central Electricity Regulatory Commission (CERC) has notified the Terms and Conditions of Tariff (Second Amendment) Regulations, 2026, establishing a tariff framework for battery energy storage systems (BESS) co-located with coal, lignite, and gas-based thermal generating stations, as well as interstate transmission infrastructure. Supplementary tariff for integrated storage The amendment introduces a supplementary tariff structure…
Pace Digitek Limited has informed stock exchanges that its material subsidiary, Lineage Power Private Limited, has secured a purchase order valued at USD 1,346,210 from an international client for mobile battery energy storage systems. In a regulatory filing dated February 18, 2026, the company stated that the order was issued by Yaqin Chem under purchase…
Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded its 335 MW/670 MWh standalone battery energy storage system (BESS) tender to three bidders.  Advait Energy Transitions Limited secured 150 MW at the L1 tariff of Rs 2.10 lakh per MW per month. Equentia Natural Resources Pte Ltd was awarded 65 MW at Rs 2.12 lakh per…
Juniper Green Energy Limited has commissioned India’s first merchant Battery Energy Storage System (BESS) project, with a capacity of 100 MWh, in Bikaner, Rajasthan. The project marks the company’s entry into merchant energy storage operations. The BESS has been developed through Juniper Green Cosmic Private Limited, a subsidiary of Juniper Green Energy Limited. The project…
Power Grid Corporation of India Ltd (POWERGRID) has awarded a Rs 9.63 crore contract to Topsun Energy Limited for a pilot project combining solar power and Battery Energy Storage System (BESS) solutions. The project will meet the construction-phase power requirements at the Pang High-Voltage Direct Current (HVDC) station. The contract was finalised on 19 January…
KPI Green Energy Limited has reported its highest-ever quarterly revenue for the seventh consecutive quarter in Q3 FY26. For the nine months ended 31 December 2025, consolidated Profit After Tax (PAT) rose 60%. The Board has also declared a third interim dividend of Rs 0.20 per equity share. In a regulatory filing dated 21 January…
Noida is now home to India’s largest dedicated battery energy storage system (BESS) production plant, following the commissioning of GoodEnough Energy’s new 7 GWh capacity gigafactory. The facility represents a capital investment of more than Rs 450 crore and is immediately operational. This initial capacity is part of a broader growth plan, with the company…
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…