Tata Power and ONGC sign MoU to explore BESS
Author: PPD Team Date: February 18, 2025
Author: PPD Team Date: February 18, 2025
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a non-binding Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation Limited (ONGC) to explore joint opportunities in the Battery Energy Storage System (BESS) sector.Â
The MoU was signed at India Energy Week 2025 in the presence of Union Minister of Petroleum and Natural Gas Hardeep Singh Puri and senior executives from both companies.
The collaboration will focus on commercial opportunities across the BESS value chain, including utility-scale systems, grid stabilization, renewable energy integration, microgrids, hybrid energy solutions, industrial storage, backup power, electric vehicle charging, and energy trading through ancillary services.
TPREL recently commissioned India’s largest solar and BESS project, a 100 MW solar PV plant with a 120 MWh utility-scale BESS in Rajnandgaon, Chhattisgarh. The partnership aims to support India’s renewable energy targets and enhance grid stability.
Author: PPD Team Date: November 21, 2025 The Adani Group has received lender approval to acquire Jaiprakash Associates after its resolution plan secured 89 percent of the vote from the Committee of Creditors. The offer was valued at Rs 14,535 crore and was preferred for its higher upfront cash component over competing proposals from Vedanta and Dalmia Cement. The Committee of Creditors assessed the final bids using an evaluation matrix, where Adani received the highest…
Author: PPD Team Date: March 4, 2025 Datta Power Infra Private Limited has signed a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 50 MW Inter State Transmission System (ISTS)-connected wind power project under SECI’s Tranche-XVII. The agreement was finalized on February 28, 2025. In November 2024, Adyant Enersol Private Limited, a wholly owned subsidiary of Datta Power Infra, secured the project with a Letter of Award (LoA) from…
Author: PPD Team Date: November 25, 2025 First Solar has started production at its new $1.1 billion manufacturing facility in Iberia Parish, Louisiana. The 2.4-million-square-foot plant is fully vertically integrated and uses AI systems to flag defects during panel production. Operations began in July 2025, ahead of schedule. The company linked the early launch to the One Big Beautiful Bill Act and trade measures under the Trump administration, which raised demand for US-made solar products…
Author: PPD Team Date: September 22, 2025 The Securities and Exchange Board of India (SEBI) has closed its inquiry into Adani Power Limited and other Adani Group firms without penalty, concluding that allegations of irregular loan transactions were not established. The case originated from claims in the Hindenburg Research report published in January 2023. SEBI issued two final orders on September 18, 2025, disposing of show-cause notices issued in January 2024 to Adani Ports and…
Author: PPD Team Date: September 5, 2025 The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding the amendment to the procedure for inclusion or updating of wind turbine models in the Revised List of Models and Manufacturers (RLMM), notified on July 31, 2025. According to the circular dated September 4, 2025, Type Certificates must be updated or revised in accordance with Clause 4(h) of the July 31 amendment within three months…
Author: PPD Team Date: October 30, 2024 The UK and Scottish governments have announced a collaborative proposal to reform the consent process for clean energy projects in Scotland. The Department of Energy Security and Net Zero has outlined plans to modernize outdated legislation, aiming to reduce the approval time for large electricity infrastructure projects, which currently can extend up to four years. This initiative seeks to bring Scotland’s approval timeline in line with recent legislative…