Hindustan Power has been awarded a letter of intent by Bihar State Power Generation Company Ltd (BSPGCL) for developing standalone battery energy storage system (BESS) in Bihar. In a release, Hindustan Power said that the 120 MWh BESS will Read more
Prostarm Info Systems Ltd has received the letter of intent for setting up a battery energy storage system (BESS) in Bihar. The mandate was awarded under tariff-based competitive bidding. In a stock exchange communication, Navi Mumbai-headquartered Prostarm Info Systems Read more
The Union power ministry has extended the waiver of ISTS charges for energy storage projects, to June 30, 2028. This was announced by Manohar Lal, Union power minister, on June 10, 2025, during a press conference highlighting 11 years Read more
The Union power ministry has announced a viability gap funding (VGF) scheme worth Rs.5,400 crore for supporting 30,000 MWh (or 30 GWh) of BESS capacity. The scheme will provide VGF of Rs.18 lakh per MWh with a view to Read more
Global Energy Alliance for People and Planet (GEAPP), an alliance of global stakeholders, is working actively to enable a people-centric, inclusive, and just energy transition across emerging economies. GEAPP initiated India’s first utility-scale battery energy storage system (BESS) Read more
Bondada Engineering Ltd has debuted in the battery energy storage system (BESS) space by winning a 100MWh project in Telangana under global tariff-based competitive bidding. In a stock exchange filing, Hyderabad-based Bondada Engineering Ltd said that it has secured Read more
SPML Infra Ltd is among India’s leading infrastructure EPC players with a long decades of experience in areas like water & wastewater management, and power T&D. In a strategic move, SPML Infra recently announced its foray in the Read more
The option of using battery energy storage system (BESS) as an alternative to an HVDC-based transmission system is being evaluated in Rajasthan. This discussion came about during the latest meeting of the National Committee on Transmission ( Read more
Reliance NU Suntech Pvt Ltd, a subsidiary of Reliance Power Ltd, has signed a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for the former's mega solar-cum-BESS project. Reliance NU Suntech is Read more
PUREhas announced the launch of battery-based 5 MWh grid storage product, PuREPower Grid, in Delhi. This innovative product is poised to transform India's energy infrastructure, empowering grid stability and accelerating the integration of renewable Read more