iNVERGY India Private Limited has inaugurated a fully automated battery energy storage system (BESS) gigafactory in Dasna, Uttar Pradesh, with an annual manufacturing capacity of 3 GWh and an investment of more than Rs 200 crore. The facility spans 217,000 square feet and will manufacture BESS units, lithium iron phosphate (LiFePO4) battery packs, solar inverters,…
Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, has informed the stock exchanges that its wholly owned subsidiary, Advait BESS Bhesaan Private Limited, has executed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a standalone Battery Energy Storage System (BESS) project with a capacity of 150…
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has invited bids for engineering, procurement and construction (EPC) packages to develop a combined 11,100 MWh battery energy storage system (BESS) capacity across solar projects in Rajasthan and Gujarat. The proposed projects include a 7,800 MWh BESS at the NTPC REL Bikaner solar…
Pace Digitek Limited reported its audited financial results for the quarter and financial year ended March 31, 2026, with growth in revenue and profit supported by expansion in its battery energy storage system (BESS) and telecom infrastructure businesses. Revenue from operations for FY26 increased 8.3% year-on-year (YoY) to Rs 2,641 crore from Rs 2,438.8 crore…
The Expenditure Finance Committee (EFC) under the Ministry of Finance has approved a central scheme to support floating solar projects integrated with Battery Energy Storage Systems (BESS), according to multiple media reports. However, variations have emerged regarding the approved financial outlay. According to Zee Business, the EFC approved Rs 5,000 crore against the Ministry of…
IndiGrid has commissioned a 180 MW/360 MWh Battery Energy Storage System (BESS) project in Gujarat through its special purpose vehicle Gujarat BESS Private Limited. The project, tied up with Gujarat Urja Vikas Nigam Limited, was fully commissioned on May 7, 2026, after partial commissioning on March 19, 2026. According to the company, the project is…
The Central Electricity Authority has released the Long-Term National Resource Adequacy Plan, outlining required generation capacity, sources, and timelines to maintain a reliable supply through 2035-36. Covering 2026-27 to 2035-36, the plan sets a framework for capacity expansion, storage deployment, and state-level planning. Current base As of January 31, 2026, India’s installed generation capacity stood…
Feston SEV Private Limited, the solar inverter and power electronics arm of FestGroup, has entered the Battery Energy Storage System (BESS) segment, expanding its portfolio to include solar generation, storage, and power electronics. The company has outlined a target annual production capacity of 3 GWh for its BESS operations. Its product range will cover systems…
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…
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…