Pace Digitek Limited said it is accelerating its expansion in the Battery Energy Storage System (BESS) manufacturing segment and is targeting 10 GWh of operational capacity by October 2026, ahead of its earlier timeline, according to statements made during the company’s investor call held on May 26, 2026. The company currently operates a 2.5 GWh…
SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and consolidated financial results for the quarter ended March 31, 2026 (unaudited) and the full financial…
Uttar Pradesh Electricity Regulatory Commission (UPERC) has admitted a petition filed by Fourth Partner Energy Private Limited and two affiliated companies seeking regulatory clarifications on the installation of Battery Energy Storage Systems (BESS) behind the meter at already commissioned renewable energy generating stations (REGS). The petition, heard on May 14, 2026, highlights regulatory gaps related…
Adani Green Energy Limited has operationalised a 150 MW solar power project at Khavda, Gujarat, through its wholly owned stepdown subsidiary Adani Green Energy Twenty Five C Limited. The project was commissioned on May 10, 2026, and power generation commenced on the same day, according to the company. With the addition of the new project,…
The Bihar Electricity Regulatory Commission (BERC) has approved the long-term procurement of 300 MW of Wind-Solar Hybrid Power integrated with a Battery Energy Storage System (BESS), citing the project’s role in addressing Bihar’s growing Renewable Purchase Obligation (RPO) deficit and meeting peak demand requirements. The procurement will be undertaken through the Solar Energy Corporation of…
Atlanta Electricals Limited has reported strong financial performance for the quarter and financial year ended March 31, 2026, supported by revenue growth, margin expansion, and a debt-free balance sheet. The company’s consolidated revenue from operations for FY26 increased 48.8% year-on-year to Rs 1,851.52 crore. Profit after tax (PAT) rose 70.1% to Rs 201.77 crore, while…
Waaree Energies Limited has detailed a broad expansion plan across manufacturing, grid equipment, energy storage, and green hydrogen in its investor presentation for Q4 and FY26. The roadmap positions the company to scale beyond solar modules into an integrated energy platform. The company has begun work on a 10 GW integrated ingot and wafer facility…
The Maharashtra government has approved a Rs 12,303 crore clean energy programme to expand renewable power, strengthen grid infrastructure, and improve long-term energy security. The decision was taken at a state cabinet meeting chaired by Chief Minister Devendra Fadnavis. The programme, titled Maharashtra: Accelerating Green Energy and Storage Technologies Integration in Connected Grid (MAGESTIC), targets…
NTPC Limited has awarded Battery Energy Storage System (BESS) engineering, procurement and construction (EPC) contracts to three listed companies across five thermal power stations, with a combined value exceeding Rs 1,391 crore (excluding taxes). All three awards are dated March 28, 2026, and were disclosed to stock exchanges on March 29, 2026. Project allocations and…
NTPC Limited approved two major investment proposals at its board meeting on March 28, 2026, committing a combined Rs 8,995.57 crore across battery energy storage and thermal power expansion. Battery energy storage system NTPC approved an investment of Rs 5,821.90 crore for a battery energy storage system (BESS) with a total capacity of 4.70 GWh….