Eight contenders are in the race for the Sakoli intrastate scheme in Maharashtra under the tariff-based competitive bidding (TBCB) model.
The Union finance ministry, through its Department of Expenditure, has granted exemptions to four Indian subsidiaries of Chinese electrical equipment manufacturers, with respect to public procurement policies.
Pace Digitek Ltd, through its subsidiary Lineage Power Pvt Ltd, has announced progress in its Battery Energy Storage System (BESS) manufacturing expansion program, whilst announcing its plans of expanding capacity to 10 GWh by end of Q3FY27.
Established in 2012, Caparo Power Ltd, part of the Caparo Group, has been supplying reliable and affordable electricity from its gas-based group captive power plant in Haryana to marquee industrial consumers. Raman Chopra, CEO & Whole-Time Director, Caparo Power Ltd, in this exclusive interaction, explains the growing acceptance of group captive power plants despite higher tariffs. Chopra is confident that prospects for gas-based captive power plants in India are bright given that businesses are no longer viewing electricity as a mere operating expense but as an important factor ultimately governing productivity and business competitiveness.