Business, market and commerce intelligence for India
D2C, B2B, marketplace, retail, growth and EV — tracked daily, explained simply.
POWERGRID invites bids for 1 GWh BESS projects under ISTS
Summary of the latest grid-scale battery storage tender from POWERGRID, including timeline, eligibility and what it means for battery suppliers.
Latest
Omnichannel Without the Chaos: The Retailer's Commerce OS
A modeled case study on unifying store + online + marketplace retail into one operating system — without the chaos of siloed channels.
The Inventory Blind Spot: Why Multi-Store Retailers Lose Margin
A modeled case study on how scattered inventory data quietly erodes retail margins — and how one Commerce OS fixes it.
50 Stores, One Stack: How a Regional Retailer Can Centralize Everything
A modeled case study: how a 50-store regional retail network can consolidate POS, inventory, online orders and customer data into one Commerce OS.
Adani-Backed Vishakha Renewables Enters IPO Fray: How It Differs From Borosil Renewables?
After the tryst of solar module and cell makers, renewable energy developers, and battery energy storage system (BESS) companies with the capital markets, a new category of solar manufacturers is set to join the league in the Indian stock market. Vishakha Rene
Haier, Godrej, Blue Star failed to detect fake e-waste recycling claims, India notice shows
Indian tax authorities have identified major appliance companies incorrectly claiming tax credits for non-existent e-waste processing services. The companies relied on documents from a recycler accused of fabrication and lacked verification of actual work done
Canada's Alberta Province Has a Message For Solar Recycling- It Starts This October
On October 1, the Canadian province of Alberta starts what it describes as the first mandatory solar panel recycling program in North America. Every new panel supplied in the province will carry a fee of C$14 (approx. Rs 950), and old panels will be barred fro
Exide Commissions Phase I of 6 GWh Lithium-ion Cell Plant
Exide Energy Solutions (EESL) has completed Phase I of a 6 GWh lithium-ion cell manufacturing facility located in Devanahalli in Bengaluru, Karnataka.The facility aims to manufacture advanced lithium-ion cells across multiple chemistries and form factors, allo
Mines Ministry to launch incentive scheme for domestic lithium, nickel processing
The Mines Ministry will soon launch an incentive scheme to promote domestic processing of lithium and nickel as India seeks to build an integrated critical mineral value chain and reduce dependence on imported processed materials. The government has also clear
Lithium Argentina Closes $180 Million Strategic Investment from Ganfeng
Listen to this article Lithium Argentina, a producer of lithium carbonate for lithium-ion batteries, has closed a $180 million strategic investment from Ganfeng Lithium Group
Is China Loosening It's Grip On LFP Technology Controls?
CATL, the world's biggest battery maker is betting big on sodium-ion. China is taxing lithium-ion at home. Neither of those things means China is about to allow the hand over its most valuable battery know-how just yet. China's export controls on lithium iron
Advait Group Signs 1 GWh Cell Supply Agreement with HiTHIUM
Advait Battery Ecosystem Pvt Ltd, a subsidiary of BSE- and NSE-listed Advait Energy Transitions Ltd, has signed a Master Supply Agreement (MSA) with HiTHIUM for the supply of lithium iron phosphate (LFP) prismatic battery cells. The agreement provides for the
West Bengal Regulator Clears ₹20 Billion Floating Solar-Storage Project
The West Bengal Electricity Regulatory Commission (WBERC) has allowed West Bengal Power Development Corporation (WBPDCL) to incur expenditure of ₹20.14 billion (~$210.48 million) for installing and commissioning a 200 MW floating solar project integrated with
R3 Lithium Raises $15 Million in Series A Funding for Recycling Facility
R3 Lithium, a U.S. company that recovers lithium carbonate from recycled battery materials, has raised $15 million in Series A funding…
Juniper Green Energy Takes Operational Portfolio to 2.69 GW With Fresh Wind Additions
Renewable energy company Juniper Green Energy has commissioned 101 MW of wind capacity across Gujarat, Maharashtra and Rajasthan in the first fortnight of September, taking its total operational portfolio to 2,689 MWp of solar and wind capacity and 503 MWh of
BPE Begins UK Expansion With Focus On Data Centres, Energy Storage
Best Power Equipments (India) Pvt Ltd (BPE), a Noida-based manufacturer of critical-power and energy-storage systems, has entered the UK market through a distribution partnership with OPT Services Limited. Under the partnership, OPT Services will distribute BP
Petronas Lubricants, Tata Motors collaborate for pilot used lubricant recycling model
Petronas Lubricants India and Tata Motors have signed an initial pact for a pilot project. This collaboration aims to establish a structured and scalable used automotive lubricant recycling model. The initiative will support India's evolving Extended Producer
LOHUM Begins Lithium Mining Operations In Zimbabwe
Noida-based sustainable critical mineral producer LOHUM claims to have become “first Indian company to start lithium operations globally”, announcing the…
Daily News Wrap-Up: PM Surya Ghar 2.0 May Mandate Energy Storage
Rooftop installers expect PM Surya Ghar 2.0 to provide for integration of battery energy storage systems (BESS) with rooftop solar systems. Integrating battery energy storage with rooftop solar systems could improve residential power consumption and reduce rel
US Adds Record 20.2 GWh of Energy Storage Capacity in Q2 2026
The U.S. added a record 6.7 GW/20.2 GWh of battery energy storage system (BESS) capacity in the second quarter (Q2) of 2026, according to the U.S. Energy Storage Market Outlook by the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligenc
Minimac Systems Raises ₹30 Cr To Scale Lubricant Recycling Infrastructure
Pune-based startup Minimac Systems has raised ₹30 Cr ($3.2 Mn) in a fresh funding round led by Zerodha’s investment arm…
AltEons Energy secures investment from Sanmar Group to develop 1.5 GW RTC renewable portfolio
Renewable energy platform AltEons Energy has raised strategic investment from The Sanmar Group to accelerate the development of more than 1.5 GW of round-the-clock (RTC) renewable energy projects across India. The investment will support AltEons’ expansi
Expion Energy Raises $9 Million Through Convertible Debenture Placement
Expion Energy (formerly Expion360), a provider of lithium-ion battery power storage solutions, has raised $9 million through a…
Hoymiles Launches New Backup Solutions for Residential Energy Systems
Hoymiles has launched two new products, HiSwitch and HiBox, designed to work with its HiOne all-in-one battery energy storage system (BESS) to simplify whole-home backup and off-grid switching. The company said the new solutions are aimed at addressing install
How China Is Leaving Indian Lithium-Cell Makers With 15–20% Cost Disadvantage: Amara Raja Explains
India’s nascent lithium-ion cell manufacturing industry faces a 15–20% price disadvantage against Chinese imports, with the lack of a deep domestic supply chain emerging as one of the biggest challenges for local manufacturers, according to Amara R
What is a Commerce OS? And why Shopify alone isn't enough
Shopify is where you sell. A Commerce OS is where you run the business. Here's how to know when you need one.
Key Capture Energy Secures $300 Million for Energy Storage Portfolio
Key Capture Energy (KCE), a developer, owner, and operator of battery energy storage systems (BESS), has closed a $300 million letter of…
AMPIN Secures $ 195mn Green Financing from SMBC and Rabobank for Hybrid RE Project
AMPIN Energy Transition has achieved financial close on a $195 million long-term project finance facility for a 100 MW PPA-capacity hybrid renewable energy project in Andhra Pradesh, integrating solar, wind and battery energy storage systems (BESS). The financ
India's state-owned KABIL expects to start lithium production in Argentina in 4-5 years
India's KABIL expects lithium extraction in Argentina within five years. The company signed a lithium exploration pact for five blocks in Argentina. KABIL is evaluating seven additional lithium brine blocks offered by Argentina. Discussions are also underway f
Altmin is building India's first factory to manufacture the cathodes inside lithium batteries
The Hyderabad-based company makes lithium iron phosphate cathode active material, the single most expensive component in a battery cell, which India currently imports almost entirely.
Solar Plus Storage Cuts Grid Imports and Diesel Use at Maharashtra Firm
A manufacturing facility in Maharashtra has reduced its monthly grid electricity purchases by 11.1% and lowered diesel consumption after integrating a 600 kW/1.2 MWh battery energy storage system (BESS) with its existing 500 kW rooftop solar installation.
Head / VP – Hardware Engineering
Key Responsibilities 1. Hardware Design & R&D • Lead end-to-end BESS hardware development — battery pack, BMS, PCS, enclosures, thermal systems; drive DFM and DFR from prototype to mass production. • Build an R&D pipelin
Government plans to set up critical minerals processing parks across 4 states
India is embarking on a transformative journey with plans for four specialized critical mineral processing parks in strategic states, emphasizing lithium and nickel—essential components for battery production. Spearheaded by state governments, this initiative
Why Marketplace Revenue Can Grow While Profit Falls
The margin leak every marketplace seller faces — fees, RTO, returns and ads — and how to see true contribution margin.
Marketplace Inventory Management for Indian Sellers
The inventory race between Amazon, Flipkart and Meesho — and how a Commerce OS prevents overselling and stockouts across channels.
How to Manage Amazon, Flipkart and Meesho From One System
A modeled case study: the multi-marketplace seller problem, and how one Commerce OS centralizes listings, inventory, orders and reconciliation.
From Amazon Seller to Omnichannel Brand: What Changes at ₹5 Cr GMV
A modeled case study of the marketplace-first to omnichannel transition — the moment a seller should add D2C and what a Commerce OS must handle.
Case Study: A ₹5 Cr Multi-Marketplace Seller With 2,000 SKUs
A modeled case study of a 2,000-SKU multi-marketplace seller at ₹5 Cr GMV — the operational sprawl and how Mera would centralize it.
From WhatsApp + Excel to B2B Commerce: The Migration Path
A modeled migration path for a B2B business running on WhatsApp and Excel — how to move to a Commerce OS without disrupting dealers.
Why B2B Commerce Needs Pricing, Credit and Workflow — Not Just a Website
B2B isn't D2C with bigger orders. The three systems that actually make B2B commerce work: pricing, credit and approval workflows.
B2B Commerce OS for Indian Distributors
A modeled case study: how an industrial/FMCG distributor moves from WhatsApp + Excel to a B2B commerce operating system.
How AI Agents Could Automate B2B Sales Follow-Up
The B2B sales problem nobody automates: systematic follow-up. How Mera AI agents could chase reorders, quotes and collections automatically.
Case Study: 500 Dealers, 10,000 SKUs and WhatsApp Orders
A modeled case study of a mid-size distributor at the operational ceiling — and how Mera would turn WhatsApp chaos into a B2B portal.
How Mera Commerce OS Could Run a Modern Indian Skincare Brand
A modeled case study mapping a content-led skincare brand (Minimalist-style) onto Mera: catalog, subscriptions, marketplaces, CRM and AI retention.
How a ₹10 Cr D2C Brand Can Replace 10+ Commerce Tools
A modeled case study: the fragmented stack a growing Indian D2C brand runs today, and how Mera Commerce OS would centralize store, orders, inventory, CRM and growth.
Why Growing D2C Brands Outgrow Shopify + Spreadsheets
The operational ceiling of storefront-plus-spreadsheet D2C, and the five signals that say it's time for a commerce operating system.
The Commerce Stack of an Indian D2C Brand in 2026
A realistic map of the 10+ tools an Indian D2C brand runs in 2026 — and the gaps that a Commerce OS closes.
D2C Inventory Management: From Shopify + Spreadsheets to a Commerce OS
The inventory problem every growing D2C brand hits, and how a Commerce OS fixes overselling, deadstock and multi-channel sync.
Energy Vault Announces Strategic Agreement to Deploy 1.25 GW of Integrated Power Infrastructure for Hyperscaler AI Data Center
Energy Vault, whose offerings include proprietary battery, gravity and green hydrogen energy storage technologies supporting a variety of customer use cases, has announced a major deal. It announced the execution of a strategic commercial agreement under
Verdant Energy and Aura Power Merge to Form Solar, Storage IPP in the UK
Listen to this article Solar project developers Verdant Energy and Aura Power Developments have merged to form a solar and battery energy storage system (BESS)
How Sungrow's PowerStack 255CS Aims To Advance C&I Energy Storage Demands?
As India’s commercial and industrial (C&I) sector increasingly embraces clean energy to reduce operational costs and improve energy resilience, battery energy storage systems (BESS) are becoming an essential component of modern power infrastructure.
Coal India weighs acquiring Wealth Minerals unit with Chile lithium assets
Coal India is exploring acquiring a Chilean unit of Wealth Minerals. This move aims to secure vital lithium resources for electric vehicle batteries. The companies jointly applied for a lithium extraction license in Chile. Acquisition decisions will follow the
Bihar Draft Grid Code Proposes Primary Frequency Response for Renewables
The Bihar Electricity Regulatory Commission (BERC) has proposed that wind and solar projects with battery energy storage systems (BESS), with capacities above 10 MW and connected at 33 kV or higher, must be capable of increasing their output to at least 105% o
EV retrofit approvals in India: how the state scheme works (2026)
A plain-English guide to EV retrofit approval in India — which states allow it, what certification is needed, and how the economics work.
Zepto expands electric delivery fleet to 12,000 EVs across 12 cities
Quick-commerce leader Zepto doubles down on EVs — new leasing model, charging partnerships and what it signals for the fleet market.
Battery swapping vs fixed charging for fleet operators: the real decision
Battery swapping business model explained — capital cost, utilisation, and which fleets should swap vs charge.
Telangana EV retrofit policy: what the approval scheme means for excavator owners
Telangana's retrofit approval process for heavy equipment — electric excavator retrofit cost, timeline and who qualifies.
LFP battery prices in India: 2026 tracker and 12-month outlook
LFP cell and pack prices in India, what's driving them down, and how battery buyers should time purchases.
Cabinet approves ₹1,500 crore incentive scheme for critical mineral recycling
Six-year scheme targets battery waste, e-waste and end-of-life vehicle scrap — with capex and opex subsidies for recyclers.
Budget 2025: customs duty exemption on lithium-ion battery scrap
A small line in the budget with big implications for battery recycling economics in India.
PM E-DRIVE: the ₹10,900 crore scheme replacing FAME — what's in, what's out
India's new EV subsidy framework: ₹10,900 crore for e-2Ws, e-3Ws, buses, ambulances, trucks and charging — but no cars.
SUN Mobility + Bounce Infinity: 30,000 e-scooters on battery-as-a-service
India's largest battery-swap EV deployment — 600+ swap stations powering 30,000 Bounce scooters under BaaS and MaaS.
The EV Fleet Commerce OS: Revenue Per Vehicle, Not Cost Per Kilometer
A modeled case study on how an EV fleet operator can run vehicles, charging, maintenance and revenue from one operating system.
From 10 Vehicles to 1,000: Scaling an EV Fleet Without Scaling Chaos
A modeled case study on the operating system an EV fleet needs to grow 100x — vehicles, drivers, charging, and revenue in one place.
POWERGRID Commissions Project to Evacuate 2.5 GW Solar Energy in Karnataka
The Power Grid Corporation of India (POWERGRID) has commissioned the transmission project for the 2,500 MW solar energy zone in Bidar, Karnataka, on October 5, 2026. The project was entrusted to POWERGRID Bidar Transmission, a wholly owned subsidiary of POWERG
Four-Hour BESS Beats Gas Peaking on Cost in 43 Markets: Wood Mackenzie
Four-hour battery energy storage systems (BESS) are now more cost-competitive than open-cycle gas turbines (OCGTs) for peaking power across all 43 markets assessed by Wood Mackenzie, as rising gas turbine costs and fuel price volatility improve the economics o
Delhi: Pace Digitek Wins 115 MWh Utility-Scale BESS Project from BSES Rajdhani Power
Pace Digitek Limited, an integrated energy and telecom infrastructure solutions provider, has received a Letter of Intent (LoI) from BSES Rajdhani Power Limited (BSES) to develop a 57.5 MW/115 MWh standalone Battery Energy Storage System (BESS) in Delhi. The E
'You made Indian Railways as Blinkit': Passenger in urgent need of diapers is stunned by RailMadad's 10-minute response; internet reacts
A passenger travelling with his six-month-old baby praised Indian Railways after his request for diapers was reportedly addressed within 10 minutes through RailMadad. The incident, shared on X, sparked a debate online, with some users applauding the railway st
TGGENCO Floats Tender For 500 kW Unit At Solar Project
The Telangana Power Generation Corporation Limited (TGGENCO) has invited bids for the supply, installation and commissioning of a 500 kW solar central inverter at its 1 MWp solar plant at PJHES, Revulapally, in Jogulamba Gadwal district. Under the tender notic
SECI Invites Bids for Peak Power Supply from ISTS-Connected Renewable Projects
The Solar Energy Corporation of India (SECI) has invited bids to select developers for assured peak supply of 4800 MWh (1200 MW x 4 Hrs.) from interstate transmission system (ISTS)-connected renewable energy projects in India (SECI-FDRE-X).
SECI Floats FDRE Tender For 4.8 GWh Peak Supply With 4-Hour Storage
Solar Energy Corporation of India (SECI) has issued a tender for Firm and Dispatchable Renewable Energy (FDRE) power to select a renewable power developer to supply 4,800 MWh of peak power. It has sought online bids till October 29, 2026 and sought offline bid
SECI Floats 1.2 GW Wind Tender, Seeks Developers To Build Transmission Network
Solar Energy Corporation of India (SECI) has issued a wind tender inviting bids from Wind Power Developers (WPDs) build 1, 200 MW Inter-State Transmission System (ISTS)-connected Wind Power Projects. The developer is expected set up a transmission networ
Punjab Energy Development Agency Floats Tender for Solar Projects
The Punjab Energy Development Agency (PEDA) has invited bids to supply, install, and commission grid-connected rooftop/ground-mounted solar power projects with a net metering/net billing facility through the Renewable Energy Service Company (RESCO) model.
NDMC Buildings Set To Go Solar As SECI Drives Rooftop Solar Deployment
The Solar Energy Corporation of India (SECI) has invited bids for the development of around 3.68 MW of grid-connected rooftop and ground-mounted solar PV projects on buildings of the New Delhi Municipal Council (NDMC) under the Renewable Energy Service Company
TERI Announces Winner of 115 MWh Battery Storage Auction
The Energy and Resources Institute (TERI) has announced the winner of the auction to develop 57.5 MW/115 MWh of battery energy storage systems (BESS) across four 66/11 kV grid stations in Delhi.
SUN Mobility Appoints Satish Sundaresan as CEO, Kamaldeep Singh to Head Indofast
SUN Mobility, a global electric vehicle (EV) energy infrastructure and battery-swapping solutions provider, has appointed two new Chief Executive Officers (CEOs) for SUN Mobility and its subsidiary, Indofast Energy. In a press release, the company said it appo
Nitin Gadkari’s bike taxi push gets boost as Maharashtra notifies transition timeline from petrol bikes to EVs
The state of Maharashtra has unveiled a carefully planned approach allowing bike-taxi operators to shift to electric vehicles over a span of nine months. This effort is designed to facilitate the transition for drivers while building a controlled bike-taxi sys
Blinkit leads quick commerce in product availability, Flipkart Minutes ranks second: Bernstein
Eternal's quick commerce arm Blinkit has emerged as the leader in product availability among India's major quick-commerce platforms, with an average in-stock rate of 94.4%, ahead of Flipkart Minutes, Swiggy Instamart and Zepto, according to a report by brokera
SECI Invites Bids for Rooftop Solar Projects in New Delhi
The Solar Energy Corporation of India (SECI) has invited bids to select developers to set up grid-connected rooftop solar power projects on New Delhi Municipal Council (NDMC) buildings under the Renewable Energy Service Company (RESCO) model (RTSPV Tranche-XV)
Rajasthan Issues Global Tender For 5,400 MWh Rampura PSP With 6-Hour Storage
Rajasthan Renewable Energy Corporation Limited (RRECL) has issued a tender seeking developers to set up a 900 MW Pumped Storage Project (PSP) at Rampura in Tonk district. The last date for submission of bids is October 14, 2026. RRECL seek private developer th
Himachal Pradesh Tenders Power Supply Works for Green Hydrogen Project
The Himachal Pradesh State Electricity Board (HPSEBL) has invited bids to provide electrical infrastructure and power supply for a green hydrogen plant being developed by HPPCL-Oil at Village Nasrali, including strengthening the existing 33 kV green ply feeder
CSTEP Study Highlights Limits of Solar-BESS Systems for 24-Hour Renewable Supply
The increasing use of battery energy storage systems (BESS) to make renewable power more reliable may not, by itself, be sufficient to deliver firm 24-hour renewable power at high levels of demand coverage, according to a new techno-economic assessment by the
Ola Electric’s ₹1,000 Cr Rights Issue To Open On October 22, Issue Price Set At ₹27
Ola Electric’s ₹1,000 Cr rights issue is set to open for subscription onOctober 22 and close on October 30, its…
India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: Report
India's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in investments for this growth. Significant advancements in BESS deployment were noted between early and mid-2026. The governme
Global Capital Is Moving Into Renewables: Lake Energy Opens New Opportunities for Wealth Creation
Japan’s Sumitomo Corporation recently announced an investment in a renewable energy project in India combining approximately 500 MW of solar and wind capacity with 200 MWh of battery storage. The move highlights the growing role of renewable energy infra
Exclusive: Green SM parent infuses Rs 153 Cr in Indian subsidiary to scale EV ride-hailing
Vietnam-based electric mobility startup Green SM has infused Rs 152.65 crore into its Indian subsidiary through a rights issue, marking another significant capital infusion as the company looks to scale its operations in the country. The latest infusion comes
EV Charging Software Company Ionage Raises $1.3 Million
Ionage, an artificial intelligence-based charging and energy management platform for electric vehicles (EVs), has raised $1.3 million in pre-series A funding. The funding round was led by strategic investors and a consortium of CXOs from energy and infrastruct
Energy management platform Ionage raises $1.3 Mn in pre Series A round
AI enabled energy management platform Ionage has raised $1.3 million in a pre Series A funding round co-led by strategic investors and a consortium of CXOs from energy and infrastructure companies. The fresh funds will be used to expand coverage to 100% of act
Daily News Wrap-Up: Shorter Battery PPAs Gain Favor, Bankability Still Key
As India’s energy storage market matures, battery energy storage developers say power purchase agreement (PPA) tenures need greater flexibility than the customary 20-25-year contracts used for solar and wind projects.
NTPC REL Issues Tender For 12 GWh Pump Hydro Storage Project Under Service Mode
NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited (NGEL), has issued a global tender to develop a 2,000 MW/12,000 MWh Pumped Hydro Energy Storage System (PHES) under the service model. The project will have a minimum single-cy
Two-wheelers, EVs power September auto sales as festive demand picks up
India’s two-wheeler market saw record sales in September, boosted by festive consumer buying trends. Two-wheeler sales rose 33.08% year-on-year, marking the segment's highest-ever September performance. Electric vehicles also achieved record monthly sales, acc
Trev plans 2,500-vehicle premium EV fleet by 2031, raising $2 million
Aiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mobility is in the process of raising $2 million, having almost reached $1 million in funding thus far. With its fleet comprising deluxe electric vehicles, Tr
Shorter Battery Storage PPAs Gain Favor, but Bankability Remains Key
As India’s energy storage market matures, battery energy storage developers say power purchase agreement (PPA) tenures need greater flexibility than the customary 20-25-year contracts used for solar and wind projects.Contract duration could range from five to
India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demand
The surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz India has celebrated its strongest quarterly sales to date, fueled by solid macroeconomic trends. Anticipating a future dom
Chhattisgarh Regulator Adopts Tariff for 500 MWh Battery Storage Project
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has adopted a tariff of ₹2.98 (~$0.031)/kWh discovered through competitive bidding for a 125 MW/500 MWh standalone battery energy storage system (BESS).
Australia's Home Battery Boom Has Given Wings To Rooftop Solar Again
Australian households installed 180,878 rooftop solar systems and 276,011 home batteries in the first half of 2026, according to the Clean Energy Council's (CEC) latest Rooftop Solar and Storage Report. The solar systems added 1,894 MW, up 41% on a year earlie
SECI Issues 800 MW/3,200 MWh BESS Tender With 4-Hr Discharge Cycle
Solar Energy Corporation of India (SECI) has issued an 800 MW/3,200 MWh standalone Battery Energy Storage System (BESS) tender to select Battery Energy Storage System Developers (BESSDs). The projects will be developed under the Build, Own and Operate (BOO) mo
PFC Consulting Tenders Renewable Transmission Project in Andhra Pradesh
PFC Consulting has invited bids to establish the interstate transmission system (ISTS) to integrate the Kadapa II Renewable Energy Zone (REZ), Phase I, in Andhra Pradesh.
Jupiter Wagons Wins 102.5 MWh BESS Project in Uttarakhand; 200 MWh in West Bengal
Jupiter Wagons Limited (JWL), through its energy business JEM Energy, has won a 41 MW/102.5 MWh standalone Battery Energy Storage System (BESS) project from Uttarakhand Power Corporation Limited (UPCL), in partnership with Madhav Infra Projects Limited. The co
Indus Towers Taps Cygni Energy For Up To 1.5 GWh BESS Capacity for Telecom Sector
Hyderabad-based Cygni Energy Pvt Ltd , an energy storage technology and manufacturing company, and Indus Towers Ltd, a telecom tower infrastructure provider, have collaborated to explore the sourcing of energy storage solutions for telecom infrastructure in In
Hero Future Energies Sells 49% Stake in 500 MWp Wind-Solar-BESS Project to Sumitomo
Hero Future Energies (HFE), the renewable energy arm of the Hero Group, partnered with Sumitomo Corporation to develop a 500 MWp wind and solar project with battery energy storage in Bidar, Karnataka. In a press release, Hero Future Energies said under partner
TVS Motor's Venu Srinivasan says EVs not sole answer to cutting emissions
TVS Motor Chairman Emeritus Venu Srinivasan said electric vehicles should not be treated as the only route to cutting pollution, arguing instead for a technology-agnostic approach that preserves consumer choice. He also backed ethanol blending as a way to redu
CEA Proposes Safety Standards for Solar, Wind and Battery Storage Projects
The Central Electricity Authority (CEA) has proposed technical standards applicable to electrical safety requirements for solar, wind, battery energy storage systems (BESS), electric vehicle charging stations, transmission systems, and other electrical install
Bhavish Aggarwal pledges 4.32% Ola Electric stake to fund rights issue
Ola Electric promoter Bhavish Aggarwal has pledged a 4.32% stake in the electric two-wheeler maker to fund his participation in the company’s upcoming rights issue. As per the filing with the National Stock Exchange, the pledge has been created solely to
Terra Clean Floats Land Aggregation Tender for Wind Project in Gujarat
Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has invited bids to aggregate land for an interstate transmission system (ISTS)-connected wind energy project in Gujarat.
Solar Firms Build BESS Capacity for Next Growth Phase: Interview
As energy storage becomes increasingly important to renewable energy integration, solar companies are positioning themselves for the next phase of growth by building battery energy storage system (BESS) manufacturing capabilities.
Rajasthan Tenders 900 MW Rampura Pumped Storage Project
Listen to this article Rajasthan Renewable Energy Corporation (RRECL) has invited bids to set up the 900 MW Rampura Pumped Storage Project (PSP) in Tonk, Rajasthan,
MSEDCL's Medium Term 1000 MW/4000 MWh BESS Tender-Top 5 takeaways
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a 1,000 MW/4,000 MWh (1 cycle/day) Battery Energy Storage System (BESS) tender to select Battery Energy Storage System developers (BESSD). Here are the top 5 takeaways from MSEDCL's
Bihar Set To Host 60 MW Solar Project in Gaya With SECI's O&M Tender
Solar Energy Corporation of India (SECI) has issued a 60 MW EPC tender to develop a solar project in Gaya, Bihar. It has sought online bids by November 12 and offline bids by November 16, 2026. Under the tender, the bidder will be responsible for the design, e
Andhra Pradesh: NTPC REL Issues EPC Tender For 1 GW Solar Project In Kambadur
NTPC Renewable Energy, a subsidiary of NTPC Green Energy has issued an Engineering, Commissioning and Procurement (EPC) tender to develop 1,000 MW solar project at Kambadur site at Anantapur, Andhra Pradesh. It has sought bids till November, 16, 202
Akhilesh Pathak assumes charge as Director (Projects) POWERGRID
Akhilesh Pathak has taken charge as Director (Projects) of Power Grid Corporation of India. He graduated in electrical and electronics engineering and joined POWERGRID in 1993 as an Executive Trainee. With over 32 years of experience, Pathak has worked extensi
Adani Green Energy expands BESS capacity to 6.63 GWh; achieves 70% FY27 target
Adani Green Energy Ltd has increased its battery energy storage system to a total of 6.63 GWh. This capacity can power around two million homes daily, supporting cities like Nagpur and Patna. Achieving this milestone took just 14 months, marking significant pr
ACME Solar Commissions 107.36 MW BESS At Rajasthan FDRE Project
ACME Solar Holdings has recently commissioned a 107.36 MW Battery Energy Storage System (BESS) component of a Firm and Dispatchable Renewable Energy (FDRE) project in Rajasthan through its subsidiary, ACME Greentech Seventh Private Limited. In continuation of
Uttarakhand Regulator Adopts Tariffs for 190 MWh Battery Storage Projects
The Uttarakhand Electricity Regulatory Commission (UERC) has approved the tariffs determined through competitive bidding for four battery energy storage system (BESS) projects totaling 76 MW/190 MWh in Uttarakhand.
TVS retains EV two-wheeler lead in September as Bajaj, Hero see strong growth
India’s electric two-wheeler market rebounded in September, with registrations rising over 12% month-on-month to 2.07 lakh units from 1.85 lakh units in August. TVS Motor retained its leadership, while legacy players, Bajaj Auto and Hero MotoCorp recorde
Telangana suspends licences of Swiggy Instamart, Flipkart, Zepto dark stores over food safety violations
Telangana's food safety authorities inspected 16 dark stores across the city and found serious hygiene violations. Four establishments had their licenses suspended for acute health hazards identified during the inspections. Violations included expired food pro
SECI Floats Tender for Standalone Battery Storage Projects Across India
The Solar Energy Corporation of India (SECI) has invited bids to select developers for supplying energy from standalone battery energy storage systems (BESS) in India for ‘on-demand’ use (SECI-ESS-IV).
Jammu and Kashmir government notifies Electric Vehicle Policy 2026
The Jammu and Kashmir government notified the Electric Vehicle Policy 2026 after its approval by the council of ministers chaired by Chief Minister Omar Abdullah. The policy has set a six-year roadmap to expand sustainable electric mobility across the state, w
Indian startups raise $2.9 Bn in Q3 2026 as EV, AI drive funding
Indian startups raised less than $3 billion in funding in Q3 2026, down from $3.5 billion in Q2 and $3.87 billion in Q1. The quarter saw fewer large funding rounds, with Simple Energy leading the pack with a $182 million raise. The round also made Simple Energ
EV boom gathers pace as electric car sales jump 95% on fuel prices, new models
India's electric vehicle market recorded substantial growth in September, with sales reaching 34,894 units. This represents a 95% increase compared to last year's figures. Tata Motors maintained its market leadership with a 42.2% share, while Mahindra followed
Electric Vehicles Account for 13% of Vehicle Sales in Q3 2026
Electric vehicle (EV) sales in India reached 951,884 units in the third quarter (Q3) of 2026, a year-over-year (YoY) increase of 64.4% from 578,987 units recorded in the corresponding quarter of 2025.
E2W Registrations Rebound 12% MoM In September; Ather, Ola Lose Market Share
Reversing a downward trend over the past two months, monthly electric two-wheeler (E2W) registrations bounced back in September. As per…
Battery Storage Emerges as Peak Demand Management Tool for Maharashtra Businesses
Proposed restrictions on using banked renewable energy across time-of-day periods are strengthening interest in battery energy storage systems (BESS) among commercial and industrial (C&I) consumers in Maharashtra, particularly those seeking to shift surpl
SECI Floats Tender for ISTS-Connected Solar Project in Bihar
The Solar Energy Corporation of India (SECI) has invited bids for the design, engineering, supply, construction, erection, testing, and commissioning of a solar power project connected to the interstate transmission system (ISTS) in Gaya, Bihar.
Juniper Commissions 100.64 MWh Bikaner BESS, Capacity Touches 201.28 MWh
Juniper Green Cosmic Private Limited, a subsidiary of Juniper Green Energy Limited, has commissioned 100.64 MWh of Battery Energy Storage System (BESS) capacity under Bikaner Phase II at the project site. With this commissioning, the aggregate commissioned BES
Europe's BESS Applications Show A Market Based As Much On Speculation As Real Demand
By the end of 2025, storage developers had filed connection requests for 300 GW of high- and extra-high-voltage battery capacity with Terna, Italy's grid operator. Only 56 GW had received approval, and just 6.8 GW were ready to begin construction. Terna's own
Cabinet Approves ₹1.86L crore Green Energy Corridor-III Scheme with 50 GWh BESS
The Union Cabinet has approved the Green Energy Corridor Phase-III (GEC-III) scheme with a total project outlay of ₹1.86 lakh crore, aimed at strengthening intra-state transmission infrastructure and supporting the deployment of 50 GWh of battery energy storag
BPE Expects BESS Portfolio to Contribute Over 50% of Revenue Soon
India's battery energy storage system (BESS) market is moving from an emerging segment into a key component of the country's evolving power infrastructure, with applications ranging from diesel-generator replacement and backup power to data centres and, eventu
TERI study finds CNG has lower lifecycle environmental burden than EVs under India's current power mix
As India steps up efforts to accelerate electric mobility and reduce its dependence on imported crude oil, a new study by The Energy and Resources Institute (TERI) has found that compressed natural gas (CNG) currently has a lower overall lifecycle environmenta
In CAFE 3, auto companies have wider choices and a better view of the road
India's new CAFE 3 emission norms are set to reshape automakers' investment strategies by promoting cleaner technologies alongside electric vehicles. These regulations introduce a credit system for various powertrains, encouraging firms to rethink their portfo
Fuel-efficiency rules 2027: How CAFE-III norms will affect EVs, hybrids, small cars & petrol vehicles
India’s CAFE-III norms will come into force from April 1, 2027, tightening fleet-wide fuel-efficiency targets for passenger vehicle manufacturers until March 2032. The framework offers higher compliance benefits for EVs, hybrids and alternative-fuel vehicles,
EV two-wheeler maker Simple Energy bags Rs 1,750 Cr funding
The Bengaluru-based firm plans to deploy the capital to drive its next phase of growth across manufacturing, product development, and retail.
EV startup Simple Energy raises $182 Mn in Series C round
Bengaluru-based electric two-wheeler maker Simple Energy has raised Rs 1,750 crore ($182 million) in a Series C funding round. This is its largest fundraise to date and the third-largest funding by an Indian electric two-wheeler OEM, according to the company.
CAFE III fuel efficiency norms notified for cars: 3x credit for battery EVs, no special benefit for small cars
The Indian government has announced Corporate Average Fuel Economy norms for passenger vehicles effective from April 2027. These standards include fuel consumption calculations based on various vehicle types, including electric and hybrid models. Manufacturers
Beyond Solar and Wind, NLC India Builds a Growing BESS Portfolio
NLC India, the Indian PSU which was earlier primarily involved into thermal energy generation company is steadily moving towards green energy. After boosting its solar and wind portfolio, the listed company is now working towards making renewable energy firmer
Ola Electric plans Rs 1,000 Cr rights issue, appoints new compliance officer
Ola Electric Mobility’s board has approved raising up to Rs 1,000 crore via a rights issue of partly paid-up shares to bolster its capital structure.
Jedlik Motors founder Raguram SK on building electric pod for urban commuters
Chennai-based EV startup Jedlik Motors is developing a fully enclosed electric two wheeler, e-POD, aimed at combining the maneuverability of a scooter with the comfort and safety of a car. In an interaction with Entrackr, Raguram SK, founder and CEO of Jedlik
BHN Raises $5 Mn Green Bond From Symbiotics for Solar, EV Financing
Bharat Housing Network (BHN), a multi-asset secured credit network, has raised $5 million (~₹47 crore) in green bonds from Symbiotics. The bond is part of a $75-million green basket bond programme structured by Symbiotics in partnership with British Internatio
SECI Seeks Offtakers for 7.67 GW of Renewable Energy and Storage Capacity
The Solar Energy Corporation of India (SECI) has listed 7.67 GW of renewable energy and energy storage capacity available for sale across multiple interstate transmission system-connected projects.
SECI Invites Proposals to Prepare DPRs for Green Hydrogen Hubs
The Solar Energy Corporation of India (SECI) has invited proposals to select agencies to prepare detailed project reports (DPRs) for green hydrogen hubs under Component B1 of the National Green Hydrogen Mission.
SECI Floats 11.16 MW Rooftop Solar Tender Under RESCO Model
he Solar Energy Corporation of India (SECI) has announced plans to invite bids for around 11.16 MW of grid-connected rooftop solar projects under the Renewable Energy Service Company (RESCO) model, as part of its RTSPV-Tranche-XIV. According to a notice dated
NTPC Issues 400 MWh BESS EPC Tender for Mouda, Maharashtra
NTPC has issued a 400 MWh Engineering, Procurement and Commissioning (EPC) tender for developing a Battery Energy Storage System (BESS) at the NTPC Mouda Super Thermal Power Station. It has invited bids for the project until October 12, 2026. Under the tender,
India’s BESS Pipeline Set to Hit 45-50 GWh, But 8-9 GWh Faces Delay Risk: Crisil
India’s rapidly expanding battery energy storage system (BESS) pipeline is facing a potential setback, with around 8-9 GWh of planned capacity at heightened risk of delays due to weak project economics and limited implementation experience among some dev
TATA.ev extends Battery-as-a-Service offering across its electric vehicle portfolio
TATA.ev has unveiled an exciting extension of its Battery-as-a-Service program across all electric vehicles. This innovative initiative is designed to enhance affordability by separating battery costs from the vehicle price, significantly reducing initial expe
Ola Electric to raise up to Rs 1,000 Cr via rights issue
Electric two wheeler maker Ola Electric has approved a plan to raise up to Rs 1,000 crore through a rights issue of partly paid up equity shares. The company’s board approved the proposal on September 28, subject to regulatory and statutory approvals. Th
COEP Tech, JSW to invest over Rs 800 crore in battery R&D centre in Pune
COEP Technological University and JSW Projects will invest over Rs 800 crore to establish an Advanced Battery Research and Development Centre at COEP Tech's Chikhali Research Park in Pune. The two-phase facility will develop and validate indigenous lithium-ion
Tender247 brings Anupam Kher on board to expand access to India’s Rs 70 Lakh Cr tender market
Anupam Kher becomes the face of Tender247, opening India’s ₹70 lakh crore Tender Market to more businesses The platform is using the actor’s association to make government and institutional tenders easier for businesses to discover, track, and compete for. Ind
NLC India Renewables Wins 265 MW BESS Tender in Haryana At Rs. 2.35 lacs/MW/month
NLC India Renewables Limited (NIRL) has won SJVN’s 265 MW/530 MWh standalone Battery Energy Storage System (BESS) project in Haryana at a tariff of Rs. 2.35 lakh/MW/month. The tender also saw participation from BESS developers, including Rama Reflection
India seeks 2027 LPG imports from US via term tender, document shows
In a strategic move, Indian state-owned companies are set to import 2.75 million metric tons of liquefied petroleum gas, planning to acquire this resource from the United States for the year 2027. The tender anticipates four substantial gas carrier shipments e
GridStor Secures $220 Million for 400 MWh Arizona Battery Project
Listen to this article GridStor, a developer and operator of utility-scale battery energy storage projects, has secured $220 million in tax equity bridge, construction, and
EV Firm Ultraviolette Raises $85 Million from Yali Capital, TDK Ventures
Listen to this article Electric vehicle (EV) and infrastructure company Ultraviolette has raised $85 million in a funding round led by Lip-Bu Tan, chairman of
Cleantech Sector Specialist (Energy Storage)
Key Responsibilities 1. Lead BESS & EV Battery Manufacturing Strategy : Develop strategic insights and roadmaps for manufacturing across BESS, battery cells, packs, BMS, EMS, PCS, power electronics, and related ecosystem components. 2. Support Circular Eco
Tender floated to import 1.7 mt urea ahead of rabi season
India's urea imports more than doubled to 4.75 mt during April-August from 2.04 mt during the same period in 2025, even as domestic production increased 4.4% to 12.54 mt, industry insiders said, citing FAI data.
SECI Issues Tender for Supply of Green Ammonia
Listen to this article The Solar Energy Corporation of India (SECI) has invited bids to produce and supply green ammonia under the Strategic Interventions for Green
Sardar Sarovar Nigam Tenders QCA Services for Solar Projects
Sardar Sarovar Narmada Nigam (SSNNL) has invited bids to hire a qualified coordinating agency (QCA) for solar projects in Vadodara, Gujarat.
NTPC Issues 3,300 MWh BESS EPC Tender At NTPC REL Khavda Solar Plant
NTPC Green Energy (NGEL) has issued an EPC tender to develop a 3,300 MWh Battery Energy Storage System (BESS) at its subsidiary NTPC Renewable Energy (NTPC REL)’s Khavda solar plant. It has sought bids till October 27, 2026 NGEL requires the bidder is al
MESCOM Tenders Distributed Solar Projects for Feeder-Level Solarization
The Mangalore Electricity Supply Company (MESCOM) has invited bids for the selection of solar generators for design, supply, installation, testing, and commissioning of grid-connected distributed solar power projects for feeder-level solarization of selected a
Maharashtra Proposes Two-Hour Minimum Storage Duration for Standalone BESS
The Maharashtra Electricity Regulatory Commission (MERC) has proposed a minimum capacity of 5 MW and a minimum storage duration of two hours for standalone battery energy storage systems (BESS) seeking connectivity to the intra-state transmission system (InSTS
Eapro Global Raises Rs. 40 Crore to Strengthen Solar Inverter, BESS Business
Eapro Global Limited, a manufacturer of solar inverters, batteries, and energy storage systems, has closed a Rs. 400 million (₹40 crore) funding round. The round marked one of the first transactions by Kyro India Opportunities Fund – I, a SEBI-registered
Chhattisgarh Proposes Mandatory BESS for Renewable Projects Above 5 MW
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has proposed mandating battery energy storage systems (BESS) for new distributed renewable energy projects with installed capacity exceeding 5 MW that achieve commercial operation on or after Apr
CERC Proposes Faster Trial Runs For Solar, Wind & BESS Projects
The Central Electricity Regulatory Commission (CERC) has now proposed key amendments in its draft electricity code. The new amendments introduces a series of changes to the Indian Electricity Grid Code to streamline the trial operation and commercial commissio
NTPC Green Energy Invites Bids for Battery Storage Systems at Khavda
NTPC Green Energy has invited bids for the engineering, procurement, and construction (EPC) of battery energy storage systems (BESS) at NTPC Renewable Energy’s Khavda Solar Project in Gujarat.
Energy Vault Acquires 2.3 GW Battery Storage Portfolio in US
Listen to this article Energy Vault, a utility-scale energy storage project developer, has acquired more than 2.3 GW of U.S. battery energy storage development projects
BMW India CEO Hardeep Singh Brar reveals what’s changing in India’s EV scene
BMW Group India President and CEO Hardeep Singh Brar said India’s growing EV charging network is helping boost confidence among electric vehicle buyers, particularly for long-distance travel. With over 52,000 public charging stations, including more than 16,00
Tripura Tenders Verification Work for ADB-Backed Renewable Energy Program
The Tripura State Electricity Corporation (TSECL) has invited bids to hire an independent verification agency for the verification of Disbursement-Linked Indicators (DLIs) under the ‘Transforming Renewable Energy Acceleration in Tripura’ (TREAT) program.
PFC Consulting Tenders Transmission Project to Evacuate Renewables in Tamil Nadu
PFC Consulting (PFCCL) has invited bids to select a transmission service provider to establish an interstate transmission system for strengthening the network at the Karur Pooling Station in Tamil Nadu and facilitate the integration of renewable energy generat
NTPC Issues 400 MWh BESS Tender After Terminating GR Infraprojects Contract
NTPC Limited has issued a tender to implement a 400 MWh Battery Energy Storage System (BESS) at NTPC Mouda Super Thermal Power Station. Bidders are expected to submit their bids by October 22, 2026. The latest tender closely follows NTPC’s termination of
Defense Estates Floats Tender for 25 MW Solar Project in Andhra Pradesh
The Defense Estates Office, Visakhapatnam Circle, has invited bids to develop a 25 MW solar power project at Bobbili Airfield in Andhra Pradesh under a design, build, finance, operate, maintain, and transfer (DBFOMT) model.
Defence Areas In UP To Get 96 MW Solar Projects, Tender Issued
Defence Estates Officer has issued multiple tenders to develop three solar projects with a combined capacity of 96 MW for the optimum use of vacant land in Uttar Pradesh. These projects, with varied capacities of 30 MW, 38 MW, and 28 MW, will be developed unde
Daily News Wrap-Up: CERC Proposes Congestion Charges for BESS Projects
The Central Electricity Regulatory Commission (CERC) proposed amendments to the Indian Electricity Grid Code, introducing a congestion charge mechanism and new commissioning, scheduling, and trial run requirements for renewable energy and energy storage projec
Zelio E-Mobility To Raise ₹168 Cr Via Preferential Issue
Electric vehicle (EV) manufacturer Zelio E-Mobility’s board of directors approved a proposal today to raise up to ₹167.95 Cr via…
[Update] Ultraviolette Raises $85 Mn To Scale EV Production
Update | September 23, 13:10 IST Electric two-wheeler startup Ultraviolette Automotive has raised $85 Mn (about ₹813 Cr) in a…
[Update] Ola Electric To Seek Board Nod For Proposed Rights Issue
Update | September 24, 00:19 IST Days after Ola Electric received board nod to raise up to ₹1,500 Cr via…
Swiggy's Instamart extends Yulu, Yuma ties to ramp up EV deliveries
Instamart is expanding its battery-swapping stations network to encourage electric vehicle use in last-mile delivery. The improvements are part of partnerships with Yulu and Yuma Energy to facilitate affordable access and reduce downtime. Recently, the first s
NTPC Invites Bids for 400 MWh Battery Storage System in Maharashtra
NTPC has invited bids for the engineering, procurement, and construction (EPC) of a 200 MW/400 MWh battery energy storage system (BESS) in Nagpur, Maharashtra.
EV company Ultraviolette raises $85M in Series E led by deeptech fund Yali Capital
Ultraviolette is targeting entry into the United States in 2027, along with a broader expansion across key markets in Latin America and South-East Asia, said the company in a press statement.
CATL Begins Trial Production At Debrecen Battery Cell Plant
CATL has started trial production at its newly built battery cell manufacturing facility in Debrecen, Hungary, after completing the preconditions required to begin operations. The trial run is aimed at setting up, optimising and validating production equipment
Amber Raises $56 Million in Series E Funding Round
Amber, an energy company that automates home batteries and electric vehicles (EVs), has closed a A$78.5 million (~$56 million)…
SWREL Secures Rs. 985 Cr Orders For Solar, BESS Projects In India, South Africa
Sterling and Wilson Renewable Energy Limited (SWREL), a global pure-play renewable engineering, procurement, and construction (EPC) provider, has secured multiple international and national orders. In a press release, SWREL said the secured orders total more t
Singareni Collieries Floats Balance of Works Tender for Solar Project in Telangana
The Singareni Collieries Company (SCCL) has floated a balance of works tender to install an overburden dump-based solar power project in Ramagundam, Telangana. The scope of work for the 22 MW (AC) solar project includes design, engineering, supply, constructio
PFC Tenders Transmission System to Evacuate 2 GW of Renewables
Listen to this article PFC Consulting has invited bids to set up an interstate transmission system for evacuating 2 GW of renewable energy from the
LG Energy Solution’s New BESS Qualification Opens Door to AI Data Centre Market
LG Energy Solution’s battery energy storage system (BESS) has qualified as NVIDIA DSX Ready, giving the battery maker an entry point into the power infrastructure ecosystem being developed around artificial intelligence (AI) data centres. The qualificati
Maharashtra Proposes Grid Code Rules for Battery Energy Storage Systems
The Maharashtra Electricity Regulatory Commission (MERC) has proposed amendments to the State Grid Code to introduce operational, scheduling, data-sharing, and grid compliance requirements for battery energy storage systems (BESS) and renewable energy projects
Lineage Power Secures ₹5 Billion Battery Storage System Order from NTPC GE
Listen to this article Lineage Power, a material subsidiary of Pace Digitek, has secured an order worth ₹4.88 billion (~$48.85 million) from NTPC GE Power Services
Form Energy Closes $270 Million Credit Facility for Battery Manufacturing Scale-Up
Form Energy, an iron-air-based battery systems provider for multi-day energy storage, has closed a $270 million credit facility to…
Ayana Seeks Partner for 2.5 GWh Battery Cell Manufacturing Facility
Ayana Renewable Power has invited expressions of interest (EOIs) to select a joint venture partner for setting up an advanced chemistry cell (ACC) manufacturing facility with an initial annual capacity of 2 GWh to 2.5 GWh.
Solex Energy Eyes 4 Overseas Markets, Pins Hopes On Cells & BESS For Growth
Indian solar module manufacturing company Solex Energy is looking to expand its solar module footprint beyond India, with the company targeting Europe, the Middle East, Africa and the US as its key overseas markets. However, the export push comes at a time whe
SECI Tenders 4 MW Rooftop Solar Projects at Central Agricultural University
Listen to this article The Solar Energy Corporation of India (SECI) has invited bids to set up 4,083.75 kW of grid-connected rooftop solar projects under the
SECI Initiates 1 GWh CfD Pilot, Proposes Scale-Up To 10 GW
To meet the demands of India’s evolving power markets, Solar Energy Corporation of India (SECI) is advancing the Contract-for-Difference (CfD) construct through its first procurement initiative. As part of this initiative, SECI has initiated a pilot tend
POWERGRID to Raise ₹50 Billion Through 10-Year Bond Issue
Listen to this article The Power Grid Corporation of India (POWERGRID) has announced plans to raise up to ₹50 billion (~$500 million) with its 84th bond
Oriana Power, GK Energy Win MSEDCL’s 2,000 MW / 4,000 MWh BESS Tender
Oriana Power Limited and GK Energy Limited have won Battery Energy Storage System (BESS) projects from Maharashtra State Electricity Distribution Company Limited (MSEDCL), securing a combined 1,050 MW / 2,100 MWh capacity under MSEDCL’s 2,000 MW / 4,000
Karnataka Issues Global Tender To Build Two BESS Projects For 450 MW/900 MWh
Karnataka Renewable Energy Development Limited (KREDL) has recently issued a global tender to select developers for setting up two Battery Energy Storage System (BESS) projects. KREDL'S projects comprises of a 250 MW/500 MWh standalone BESS Project at Kushtagi
How Sembcorp Is Aiming To Boost Its BESS, RTC and FDRE Pipeline With New IPO Plan?
After the entry of several renewable energy companies into the Indian stock market, more renewable Independent Power Producers (IPPs) are now looking to jump onto the bandwagon. The latest entrant is Singapore-based Sembcorp’s Indian renewable energy arm
Acme Solar's BESS Bet Has Made It India's Best-Performing Renewable Stock
Acme Solar Holdings hit a fresh all-time high of ₹455.0 on the NSE on September 21, capping a run that has taken the stock up over 100% over eight months and almost 125% from its 52-week low of ₹195.65, touched on January 27. Over just the past six months, the
Why Envision’s 125 MWh BESS In Morocco Is More Than A Grid Battery?
Envision Energy has energised Morocco’s first large-scale lithium iron phosphate (LFP) battery energy storage system, but the 25 MW/125 MWh project at OCP Green Energy’s Benguerir mining site is designed for a role that goes beyond conventional gri
Maharashtra Announces Winners of 4 GWh Battery Energy Storage Auction
The Maharashtra State Electricity Distribution Company (MSEDCL) has announced the winners of its auction to set up 2,000 MW/4,000 MWh of battery energy storage systems.
Kissht, Ola Electric & More: Why Listed Startups Keep Going Back To The Well
Barely four months after making its stock market debut, digital lending platform Kissht is back in the public markets for…
India’s cab game has a new green player: A Vietnamese behemoth aiming to win fast
Green SM enters India with a controlled electric vehicle fleet, challenging the aggregator model. This Vietnamese company aims for a premium segment, unlike Uber and Ola's mass-market approach. BluSmart's prior electric fleet operations faced challenges after
Daily News Wrap-Up: Energy Storage Costs Go Beyond Battery Prices
Battery energy storage system project costs in India vary widely depending on system configuration, storage duration, grid interconnection requirements, engineering, procurement and construction scope, and operating requirements. Battery packs account for the
Branch Energy Raises $33 Million to Expand Distributed Battery Storage
Listen to this article Branch Energy, a distributed energy company that provides battery storage systems to commercial buildings, has raised $33 million in a Series
Battery Storage Projects May Gain from Rule Change on Charging, Discharging
Battery energy storage system (BESS) developers with existing connectivity can increase the storage duration of their projects without seeking additional grid connectivity capacity under a new procedure issued by the Central Transmission Utility of India (CTUI
NTPC terminates Rs 413 crore Mouda BESS contract after contractor default
NTPC Ltd has terminated a Rs 413.37 crore contract awarded to GR Infraprojects Ltd (GRIL) for a 400 MWh Battery Energy Storage System (BESS) project at its Mouda Super Thermal Power Station in Maharashtra, citing failure to meet contractual obligations and req
Karnataka ranks third in NITI Aayog’s electric mobility index, tops charging readiness
Karnataka has ranked third nationally in NITI Aayog’s India Electric Mobility Index 2025, scoring 73 and emerging as one of the country’s top-performing states on EV adoption and infrastructure. The state recorded the highest score in charging infrastructure r
UPNEDA Extends Hybrid Solar Project Tender Timeline, Clarifies EMD Rules
The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has extended the deadline for submitting bids under three solar power plant tenders, covering on-grid, off-grid and hybrid solar projects across the state. According to a corrigendum issued
Sungrow, be.storaged Target 1.6 GWh BESS Pipeline in Germany Under New Deal
Sungrow Deutschland GmbH and be.storaged GmbH have signed a framework agreement to expand their cooperation on large-scale battery energy storage system (BESS) projects in Germany, with the partners targeting a combined project pipeline of 1.6 GWh over the nex
Maharashtra’s New Govt Lab to Train Workforce in Solar, Hydrogen and BESS
The Maharashtra Energy Development Agency (MEDA) has floated a ₹90 lakh tender to establish a laboratory focused on green hydrogen, renewable energy and energy storage technologies at its head office in Pune, with the facility intended to provide hands-on trai
The Real Cost of Energy Storage Systems Goes Beyond Battery Prices
Battery energy storage system (BESS) project costs in India vary widely depending on system configuration, storage duration, grid interconnection requirements, engineering, procurement and construction (EPC) scope, and operating requirements.
L&T’s chip arm unveils 40 products, debuts first silicon carbide chip for EVs and power systems at SEMICON India 2026
LTSCT unveiled 40 products at SEMICON India 2026, showcasing its new silicon carbide platform for the first time. The company also presented its first fully designed-in-India BLDC motor controller. These innovations span secure identity, surveillance, and powe
Jupiter Power Secures $1.4 Billion for 1.5 GW Battery Storage Projects
Listen to this article Jupiter Power, a utility-scale energy storage project developer and operator, has closed $1.4 billion in financing across four transactions to support ten
NTPC REL Issues Tender for 215 MW Wind Project in Madhya Pradesh
NTPC Renewable Energy Limited (NREL) has issued a tender to build a 215 MW wind energy project at an STU substation in Madhya Pradesh. The tender is free of cost but comes with a bid security of Rs. 20 crore. NTPC REL has invited bids for the project unti
Force Majeure, War Risk Trigger Termination Of GR Infraprojects’ NTPC BESS Contract
Six months after being awarded the Battery Energy Storage System (BESS) tender on April 23, 2026, to execute an EPC Agreement with NTPC Limited for a BESS project at NTPC Thermal Power Stations (Lot-1), GR Infraprojects Limited’s project at Mouda Super T
Coal India Limited issues 80 MW / 320 MWh BESS project in Odisha
Coal India Limited has issued a tender for an 80 MW / 320 MWh Battery Energy Storage System (BESS) project in Odisha through a complete Engineering, Procurement, and Construction (EPC) mode. It has issued the tender on behalf of its subsidiary, Mahanadi Coalfi
Ahmedabad Municipal Body Floats Tender for Solar-Plus-Storage Project
The Ahmedabad Municipal Corporation (AMC) has invited bids to develop a solar power project coupled with an energy storage system, under group captive mode, in Gujarat. The 75 MW solar project is paired with a 7.5 MW/30 MWh battery energy storage system.
Auto PLI investments have crossed Rs 45,000 crore: H D Kumaraswamy
Investments under the automobile production linked incentive scheme have surpassed Rs 45,000 crore. The government's policy support aids domestic manufacturing and charging infrastructure development. Original equipment manufacturers are producing electric veh
NREDCAP Floats O&M Tender for Canal Top Solar Project in Andhra Pradesh
The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has invited bids for a five-year operation and maintenance contract for a solar power project in the state’s West Godavari district. The 1 MW grid-connected canal top projec
India's BESS Pipeline To Be Hit, As Prices Rise
Sungrow's second price hike of 2026 echoed across China's inverter and storage supply chain rooted in a lithium and metals spike partly driven by AI compute demand. For India's still import-heavy storage build-out, the timing of the price rise is inconvenient.
Chidambaranar Port Authority Tenders 3 MW Green Hydrogen Electrolyzer Project
V.O. Chidambaranar Port Authority (VOCPA) has invited bids to develop a 3 MW green hydrogen electrolyzer plant and hydrogen refueling station at its premises in Tuticorin, Tamil Nadu.
GEON Commissions Battery Energy Storage Project in Rajasthan
GEON, the future technologies division of Kabra Extrusiontechnik Ltd, has commissioned a 10 MW/20 MWh battery energy storage system (BESS) project at Phalodi, Rajasthan. The project is designed to support renewable energy integration, grid stability and energy
Electric mobility a strategic imperative for Viksit Bharat 2047: NITI Aayog
Electric mobility is a strategic imperative for India's Viksit Bharat 2047 vision. Global shifts and geopolitical friction accelerate the transition to cleaner transport options. India faces import vulnerability and rising vehicle ownership, necessitating a sw
CTUIL Issues Guidelines for Enhancing Storage Capacity of BESS Projects
The Central Transmission Utility of India (CTUIL) has issued the procedure for battery energy storage system (BESS) projects with existing connectivity to increase their energy storage capacity in MWh without increasing their approved charging or discharging c
Cochin Shipyard Invites Bids for Battery Storage Project
Cochin Shipyard (CSL) has invited bids to set up a battery energy storage system (BESS) at its premises in Kochi, Kerala.
Coal India Tenders 80 MW/320 MWh Battery Storage Projects in Odisha
Coal India has floated an engineering, procurement, and construction (EPC) tender to develop 80 MW/320 MWh battery energy storage systems at four locations in Odisha, along with comprehensive operation and maintenance (O&M) for 15 years.
Solaryaan Launches 125 kW/241 kWh C&I BESS at REV Expo 2026
Clean energy technology company Solaryaan has launched a 125 kW/241 kWh commercial and industrial (C&I) battery energy storage system (BESS) at REV Expo 2026 in Lucknow, expanding its portfolio beyond solar inverters into energy storage and management solu
SECI Awards Transformer Supply Contract for 700 MW Solar Project
The Solar Energy Corporation of India (SECI) has announced the winner of its auction for the engineering, design, manufacturing, testing, and supply of five 160 MVA, 220/33-33 V power transformers for a 700 MW solar project at Radhanesda in Gujarat.
Saatvik Green Energy bags order worth Rs 1042 crore from SECI
Saatvik Green Energy has clinched a substantial Rs 1,041.63 crore order from SECI to supply solar PV modules. This pivotal agreement, set to be fulfilled by December 2027, underscores a significant milestone for the renewable energy landscape. With this contra
Rajasthan: ACME Solar Subsidiary Commissions 300 MWh BESS Project
Gurugram-based ACME Solar Holdings Limited (ASHL) commissioned Phase-I of the Battery Energy Storage System (BESS) component of 53.63 MW/300 MWh out of 300 MW / 1581 MWh of the Firm and Dispatchable Energy (FDRE) Project. The firm said in a regulatory filing t
Railways Floats Rooftop Solar Tender for Banaras Locomotive Works Workshop
The Ministry of Railways has invited bids for supply, installation, testing, and commissioning of a rooftop solar project at the Banaras Locomotive Works (BLW) workshop in Varanasi, Uttar Pradesh. The selected bidder will be working on a 1.5 MW grid-connected
CERC Adopts Tariff for SECI’s 1,200 MW Solar-Plus-Storage Project
The Central Electricity Regulatory Commission (CERC) has approved tariffs for Solar Energy Corporation of India’s (SECI) 1,200 MW interstate transmission system (ISTS)-connected solar projects paired with 600 MW/3,600 MWh of energy storage. The Commissio
Ahmedabad Issues Rate Contract Tender for 1 MW Solar Projects
The Ahmedabad Urban Development Authority (AUDA) has invited bids for an annual rate contract for solar projects at various locations in Ahmedabad, Gujarat.
Palisade Acquires 1.4 GW of Wind and Battery Storage Projects in Australia
Listen to this article Palisade Investment Partners, an independent global infrastructure and real assets manager, has acquired 100% interests in two development-stage renewable energy projects
Furo Raises $4 Million to Expand Battery Optimization Platform
Furo, a software company that controls and optimizes commercial and industrial battery storage systems, has raised $4 million to…
States Turn to Innovative Solar Tenders to Create Markets Beyond Conventional PV
India’s solar market is usually measured through large utility-scale projects, rooftop installations and increasingly battery storage. But a parallel trend is emerging across state government procurement: governments are using tenders to create demand fo
Next On GoodWe's Card: 500 kW Utility Inverter by FY-End, 2.5 MWh BESS
GoodWe is planning to launch a 500 kW utility-scale solar inverter in India by the end of the current financial year, according to Aniket Sawant, Country Head, GoodWe India. Speaking exclusively to Saur Energy in its video podcast, Sawant said the company curr
India’s 6-Hour Solar-Storage Bet: How SECI Is Moving Beyond Daytime Solar
With its latest 1,200 MW solar-plus-storage tender, SECI is procuring renewable power that can be delivered when the grid needs it most. The strong developer response and sharply lower tariffs point to a major shift in India’s renewable energy procuremen
Gujarat: Kosol Energie, Saatvik Green Among Others Win SECI’s 700 MW Solar Tender
Solar Energy Corporation of India (SECI) has recently awarded the solar project package tender to different bidders under its 700 MW ground-mounted solar plant at Radhanesda, Gujarat. The tender for the solar module supply was awarded after eight month from is
Zomato Starts Charging Cash-On-Delivery Customers Up To ₹21 Extra
Eternal’s food delivery arm Zomato has begun charging an additional ‘Pay on delivery’ fee on some cash-on-delivery (COD) orders, with…
Project Engineer- Ovation Control & SCADA-Solar-BESS-Wind
In This Role, Your Responsibilities Will Be: You will be responsible for complete Project Life Cycle i.e. starting from inputs analysis, Design & Engineering, Testing & Factory Acceptance Test (FAT) followed by commissioning as per requirement. P
Premier Energies, RCT India to Form JV for 12 GWh BESS Facility
Premier Energies Limited and RCT India, part of Germany-based RCT Group, entered a binding term sheet to build a 12 GWh battery energy storage system (BESS) manufacturing facility in Telangana . Premier Energies explained in a press release that the formation
GESCOM Floats Tender for 60 MW Distributed Solar Projects
Listen to this article The Gulbarga Electricity Supply Company (GESCOM) has invited bids to set up 60.3 MW of grid-connected distributed solar projects to solarize agricultural feeders under
DERC Approves BRPL’s 25 MWh Shivalik BESS Project At Rs. 35.91 Lakh/MW/Year
The Delhi Electricity Regulatory Commission (DERC) has approved a tariff of Rs. 35,91,000/MW/year, for The Energy Institute (TERI)'s 12.5 MW/25 MWh Battery Energy Storage System (BESS) project. The project was awarded to REConnect Energy Solutions Limited who
Delhi Regulator Approves Tariff for BSES Rajdhani’s 25 MWh BESS Project
The Delhi Electricity Regulatory Commission (DERC) has approved a levelized tariff for BSES Rajdhani Power’s (BRPL) proposed 12.5 MW/25 MWh battery energy storage system (BESS) at the 33/11 kV Shivalik grid substation.
Delhi Floats Consultancy Tender to Set Up Rooftop Solar Systems
Listen to this article The Delhi Jal Board (DJB) has invited expressions of interest from public sector undertakings to provide consultancy services to set up
Tavion Raises $58 Million for 69 MW Battery Storage Portfolio in Poland
Tavion, a company that develops, owns, and operates large-scale battery storage projects across Europe, has raised…
Rebaba Raises $4.6 Million to Expand Second-Life Battery Storage in Europe
Rebaba, a Swedish company that develops second-life battery energy storage systems using repurposed EV batteries, has raised…
Premier Energies, RCT India Plan 12 GWh Battery Storage Unit in Telangana
Hyderabad-based integrated solar cell and module manufacturer Premier Energies and RCT India, part of Germany’s RCT Group, have entered into a binding term sheet to form a joint venture to establish a 12 GWh battery energy storage manufacturing facility in Tel
New BMW 7 Series launched in India by Dhurandhar Ranveer Singh: Check price, features, specifications, range, charging time and other details
BMW India has unveiled its latest 7 Series sedan, available with both petrol and electric powertrains. With bookings now open and deliveries set to commence in October 2026, the i7 will be manufactured locally at the BMW Group Plant in Chennai, signaling a maj
GCL’s Battery Pivot Signals A Bigger Shift In China’s Silicon Industry
GCL Technology is expanding beyond its traditional photovoltaic materials business, with the Chinese silicon producer ramping up lithium iron phosphate (LFP) cathode production and developing silicon-carbon anode materials as it seeks to build a second growth
Tunisia's Solar Tender for Landowners and Small Investors provides Possible Pointer to India
Tunisia's Ministry of Industry, Mines and Energy announced the results of its sixth solar authorization round this week: 309 separate projects approved for a combined 455 MW, against an original target of just 200 MW. More than double the sought capacity, and
SECI Seeks 20 Acres of Land in Delhi for Agrivoltaic Projects
The Solar Energy Corporation of India (SECI) has invited bids to lease approximately 20 acres of agricultural land to set up agrivoltaic projects in Delhi.
NTPC Explores Grid-Connected Sodium-Ion BESS Pilot Via Global EOI
NTPC has issued an Expression of Interest (EoI) for setting up a pilot project for the development and installation of a grid-connected Battery Energy Storage System (BESS). The firm said that it intends to use Sodium-Ion Battery Technology at existing NTPC th
NPCL Issues 300 MW RTC Renewable Tender With 6-Hour Peak Supply
Noida Power Company Limited (NPCL) has issued a tender to select developers for procuring power from a 300 MW of Round-the-Clock (RTC) project. The power from Renewable Energy (RE) projects, would be on a Build-Own-Operate (BOO) basis. It has sought bids till
VinFast Plans Two India-Specific EVs In Strategic Reset: Report
Weeks after suspending production of select cars in India, Vietnamese EV maker VinFast is now reportedly eyeing the development of…
VinFast plans to develop two India-specific EVs in strategy shift, sources say
Vietnamese automaker VinFast is developing two new electric vehicles for India. These new models will be more affordable than current offerings. This strategic shift follows the suspension of plans for global models in India. VinFast aims to build these vehicl
NTPC Invites EoIs to Set Up Sodium-Ion Battery Storage System
Listen to this article NTPC has invited expressions of interest (EoIs) to set up a pilot grid-connected battery energy storage system using sodium-ion battery technology
India’s Battery Storage Additions Jump 84-Fold to 8.2 GWh in 1H 2026
India added 8.2 GWh of battery energy storage capacity in the first half (1H) of 2026, nearly 84 times the 98.4 MWh installed during the same period last year, according to Mercom India Research’s newly released Q2 and 1H 2026 India’s Energy Storage Land
Google to Invest €13 Billion in Finland, Backs Nuclear, Wind and Battery Projects
Google is building on its 15-year presence in Finland, having bought a former paper mill in 2009 and converted it into a modern data center in Hamina. Google has now announced its plan to invest at least €13 billion in digital infrastructure in Finland ov
GAIL Seeks Consultant for 100 MW Solar Plus 22 MWh Battery Storage Project
GAIL (India) has invited bids to hire a project management consultant (PMC) to set up a 100 MW ground-mounted solar project integrated with a 22 MWh battery energy storage system in Maharashtra.
Fraunhofer ISE Optimizes Battery Cells For 10-15% Higher Energy Density
Fraunhofer Institute for Solar Energy Systems ISE has modified the structure of battery electrodes to enable battery cells to store 10 to 15% more energy at the same weight. The research team implemented the new electrode architecture in lithium-ion pouch cell
Bihar Invites Bids for 500 MWh Standalone Battery Storage Project
Bihar State Power Generation Company (BSPGCL) has invited bids to develop a 125 MW/500 MWh standalone battery energy storage system (BESS) at Kajra in Lakhisarai district, Bihar.
SJVN Finds Five Bidders For 600 MW Wind Project Tender
SJVN has selected five bidders for its 600 MW ISTS-connected wind power tender, with the results coming nearly a year after the tender was issued. The auction saw a mix of repeat bidders and new participants in SJVN’s wind tenders. For instance, Ady
REIL Floats Tender for 15 MW Rooftop Solar Projects Across India
Listen to this article Rajasthan Electronics and Instruments (REIL) has issued a tender to install 15 MW of grid-connected rooftop solar projects on government buildings across states
IESA to govt: Accelerate battery incentives, smart grid infra, last-mile mobility for EV adoption
India's electric vehicle adoption is accelerating rapidly, with record sales achieved recently. Industry leaders are urging government to boost battery incentives and smart grid development. This will support the integration of electric vehicles into the natio
Hyundai Motor India plans to soon launch localised, mass-market SUV EV
Hyundai Motor India plans to soon launch a new mass-market SUV. This vehicle will be built on a dedicated electric vehicle platform. The company is expanding its EV charging network and service touchpoints. Hyundai aims to train thousands of sales and service
GETCO Seeks Consultant for Pilot 2.5 MWh Battery Storage Project
Gujarat Energy Transmission Corporation (GETCO) has invited bids to appoint a project management consultant for an automatic generation control (AGC)-enabled 5 MW/2.5 MWh battery energy storage system (BESS) pilot project in Vadodara, Gujarat.The tender is bei
EV Industry Calls for Battery Incentives, Smart Grid Push
India’s electric mobility industry has called for stronger government support for battery manufacturing, smart-grid infrastructure, and last-mile mobility as the country seeks to sustain the rapid growth of electric vehicle (EV) adoption. The calls came
Electra EV eyes threefold growth as commercial EV demand surges
Electra EV expects to triple its business to around ₹600 crore in FY27, after posting ₹200 crore in FY26, and sees potential for another threefold growth next year. The Ratan Tata-founded EV component maker is seeing strong demand across electric LCVs, buses,
Bounce returns to scooter rentals with 14K EVs, turns EBITDA profitable in FY26
Bounce has restarted its scooter rental business with electric two-wheelers manufactured by the company, moving further toward a recurring-revenue model focused on gig and delivery workers. The Bengaluru-based electric mobility startup is now close to deployin
Auditors Flag Second Suspected Employee Fraud At Ola Electric Arm
Ola Electric’s FY26 annual report disclosed another suspected employee fraud at its wholly owned subsidiary Ola Electric Technologies Pvt Ltd…
Ather & Ola Electric: A tale of two contrasting rides
Ather Energy's stock price has significantly increased since its IPO. Ola Electric's shares are currently trading below their initial public offering price. Ather's average monthly sales have risen, while Ola's have declined sharply. Product development and ma
Niger Floats International Tender to Install 100 MW Solar Project
Listen to this article The Niger State Government has floated an international tender for the construction and installation of a 100 MW solar project in
Gujarat Issues EPC Tender to Set Up 10 MW Solar Project
Listen to this article Gujarat Energy (GEL) has issued an engineering, procurement, and construction (EPC) tender to set up a 10 MW grid-connected solar project
West Bengal Floats Consultancy Tender for Battery Storage Project
The West Bengal Power Development Corporation (WBPDCL) has invited bids to select a consultancy firm to conduct a feasibility study and prepare a detailed project report (DPR) for a battery energy storage system (BESS) at the Kolaghat Thermal Power Station in
Hoymiles Launches 22 kW V2X Charger To Integrate EVs With Households
Chinese power electronics company Hoymiles has launched a 22 kW bidirectional V2X DC charger, expanding its home energy portfolio to include electric vehicles as an integrated energy resource. The charger is designed to work with Hoymiles’ HiOne All-in-O
EV retail sales rise 53% in August to 2.98 lakh units: FADA
Electric vehicle retail sales in August grew 52.9 percent year-on-year. The two-wheeler segment led this growth with 1,83,204 units sold. Electric passenger vehicle sales also increased to 30,696 units last month. Three-wheeler sales rose 25.28 percent, while
Electra EV looks at three-fold growth on strong order pipeline
Electra EV is optimistic about its business prospects, projecting a threefold increase in revenue for this fiscal year. With robust demand across multiple electric vehicle segments, the company forecasts similar growth for the following year. Additionally, bat
China starts charging fees on chipmaking chemical from Japan
China began collecting "deposits" on imports of a key chipmaking chemical from Japan on Tuesday after it said a probe found evidence of dumping that harmed Beijing's domestic industry. The Chinese commerce ministry said on Monday that "preliminary evidence sho
As China Pauses New Battery Plants Its Own Solar Playbook Says Don't Expect Much
China has frozen approvals for battery storage factories that haven't broken ground, citing overcapacity. It's the same script China ran on solar panels starting in 2025. A campaign that is still, eighteen months on, struggling to move prices. Here's what's ac
Gujarat: Powertrac Places 10 GWh BESS Order With China’s SUNKA LEAD
Powertrac has expanded into the Battery Energy Storage System (BESS) sector with a proposed 10 GWh manufacturing facility in Gujarat, placing an order with China-based SUNKA LEAD for the manufacturing line. In a press release, the firm said that, as part of th
Solis Deploys First EverCore Battery Storage System In India At Chennai IT Data Centre
Solis, the inverter and energy storage solutions provider owned by Ginlong Technologies, has deployed its first SolisStorage EverCore battery energy storage system (ESS) in India at a software IT data centre in Chennai, Tamil Nadu. The project, implemented in
Ola Electric Eyes ₹1,500 Cr, Weekly Funding Rundown & More
Ola Electric Wants More Money Barely three months after its ₹780 Cr QIP, Ola Electric is back again in the…
Ola Electric clears Rs 1,500 Cr fundraise; Startup funding dips marginally
Ola Electric’s board approved a fund raise of up to Rs 1,500 crore, while Shradha Sharma and Manoj Kumar Kohli were approved for re-appointment as independent directors.
Ola Electric Board Approves ₹15 Billion Fundraise Plan
Electric vehicle manufacturer Ola Electric Mobility’s board of directors has approved a resolution to raise up to ₹15 billion (~$158.84 million) through the issuance of equity shares and other securities.The company may raise the funds by issuing equity shares
LG Energy Solution, SNU Crack Key Challenge to Stabilise Large-Format LMR Batteries
LG Energy Solution and Seoul National University have identified a way to improve the stability of next-generation lithium manganese-rich (LMR) batteries, addressing a key challenge in their application in large-format electric vehicle (EV) cells. The findings
India's battery industry set to generate up to 2M jobs by FY30: Adecco India
The industry's evolution from import dependency to a fully integrated cell-to-recycling industrial ecosystem is expected to create several jobs, says talent company Adecco India.
Alternative fuels overtake petrol in India’s car sales for first time as CNG, EVs and hybrids gain ground
In response to soaring fuel costs, consumers are now leaning towards alternative fuels like CNG, hybrids, and electric vehicles, resulting in a decline in petrol sales. Rural markets have played a pivotal role in driving year-on-year vehicle registration growt
Ola Electric clears Rs 1,500 Cr fund raise; COO quits
Ola Electric’s board approved a fund raise of up to Rs 1,500 crore, while Shradha Sharma and Manoj Kumar Kohli were approved for re-appointment as independent directors.
Ola Electric Board Approves Fresh ₹1,500 Cr Fundraise After ₹780 Cr QIP
Listed EV maker Ola Electric’s board has approved a fresh fundraise of up to ₹1,500 Cr, three months after the…
Ola Electric approves Rs 1,500 Cr fundraise; COO Hyun Shik Park resigns
Electric two-wheeler maker Ola Electric has approved a plan to raise up to Rs 1,500 crore through the issuance of equity shares or convertible securities. The company’s board approved the proposal on September 5. The fundraise can be carried out through
West Bengal Floats O&M Tender for 8.42 MW Rooftop Solar Projects
The West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for operation and maintenance (O&M) of 8.415 MW of grid-connected rooftop solar projects at WBSEDCL and the West Bengal State Electricity Transmission Company buildings for
SECI Issues 700 MW Solar Tender for C&I Consumers in SEZ Areas
Solar Energy Corporation of India (SECI) has recently issued a solar tender for Commercial and Industrial (C&I) consumers. It has sought Online bids till October 05th and offline bids till October 7, 2026 It is a first-of-its-kind tender issued for se
SECI Invites Bids for 700 MW Solar Projects Across India
The Solar Energy Corporation of India (SECI) has invited bids to select developers to set up 700 MW of inter-state transmission system (ISTS)-connected solar power projects in Special Economic Zones or areas designated as Export Oriented Units across the count
POWERCHINA Deepens Egypt Bet With 1.8 GW Wind Portfolio, BESS Manufacturing Plant
Power Construction Corporation of China (POWERCHINA) is expanding its renewable energy footprint in Egypt beyond wind power, building a portfolio of more than 1.8 GW of wind projects while entering the country's emerging battery energy storage manufacturing se
KSERC Proposes 85% Efficiency Benchmark for BESS, New Storage Tariff Mechanism
The Kerala State Electricity Regulatory Commission (KSERC) has proposed an 85% normative cycle-efficiency benchmark for Battery Energy Storage Systems (BESS), alongside a new tariff framework aimed at bringing energy storage systems into Kerala’s regulat
KSEB Spends Nearly ₹1,190 Crore on Power Purchases as Regulator Flags BESS Delay
Kerala State Electricity Board ( KSEB ) spent nearly ₹1,190 crore on power purchases from outside the state between April and August this year, highlighting its growing dependence on costly short-term electricity contracts. The spending has come under scrutiny
GETCO Floats Tenders for 1.04 MW Rooftop Solar Projects
Gujarat Energy Transmission Corporation (GETCO) has floated five tenders to invite bids to set up 1.038 MW of rooftop solar systems across 66 kV substations under Gujarat’s Surendranagar Circle.Bidders must furnish an earnest money deposit of ₹70,000 (~$740.87
CTUIL Cuts Benchmark Project Costs for Solar, Wind and BESS Projects
The Central Transmission Utility of India (CTUIL) has revised the benchmark project costs for solar, wind, and battery energy storage system (BESS) projects used to assess compliance with financial closure and other eligibility requirements for interstate tran
Ola Electric Opens First Dealer-Led Stores, Eyes 500-Outlet Network
Electric two-wheeler maker Ola Electric has opened its first dealer-operated stores across India, less than a month after announcing a…
India proposes mandatory battery storage for new renewable projects from July 2027
India plans to require two-hour battery storage equivalent to at least 10% of capacity for new government solar and onshore wind projects commissioned after July 1, 2027. The requirement would rise to four hours from July 2029. Draft rules also propose grid-fo
Higher Sales and Demand Push ChargePoint’s Revenue Up 18% in Q2 FY 2027
U.S.-based electric vehicle (EV) charging solutions company ChargePoint posted revenue of $116.075 million in the second quarter (Q2) of the fiscal year (FY) 2027, up 17.7% year-over-year (YoY) from $98.59 million, exceeding analysts’ expectations by $10.8 mil
Govt wants automakers to plug gaps in highway EV charging
The government wants automakers to take greater responsibility for expanding and maintaining India’s EV charging network, as nearly half of the mapped charging stations are reportedly non-functional.
Flipkart Minutes’ order value nears Blinkit’s: UBS
Flipkart’s quick-commerce platform Minutes is seeing order values close to market leader Blinkit, with its mobile and electronics mix giving it an advantage in overall basket size, according to UBS. Excluding mobile phones, Flipkart Minutes’ net or
C&I Battery Storage Economics is Tied to Value Stacking: Interview
Battery energy storage systems (BESS) are evolving from backup power solutions into active energy management assets for commercial and industrial (C&I) consumers. Peak demand management, tariff optimization, renewable energy integration, diesel generator
BW ESS Acquires 126 MW/675 MWh Battery Storage Portfolio in Spain
BW ESS, an energy storage project developer and operator, has acquired two utility-scale standalone battery energy storage projects in…
Brazil's Move to Split Its Battery Auction in Two Parts Is A Template India Hasn't Considered yet
Brazil's example could be one worth emulating for India, considering how it has drawn Chinese majors to consider local tie-ups for manufacturing. India's complicated relationship with China, and that country's reluctance to allow any offshoring of its battery
West Bengal Seeks Consultant To Explore BESS Project at Kolaghat Thermal Power Plant
West Bengal is making efforts to build a Battery Energy Storage System (BESS) at Kolaghat Thermal Power Plant, District- Purba Medinipur, West Bengal, India. They have sought bids till September, 23, 2026. Kolaghat has previously been a center of attract
Andaman & Nicobar Issues 20 MWh RESCO BESS Tender With 12 years O&M
Andaman and Nicobar (A&N) Electricity Department has recently issued a tender for a 20 MWh Battery Energy Storage System (BESS) project at Dollygunj, Sri Vijaya Puram. It has sought bids till September 29, 2026. In January this year, Andaman & Ni
Simple Energy Catches The Mass-Market Wave
After years of chasing premium and performance-focused buyers, EV startups are now setting their sights on the mass market. While…
PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV acceleration
Prime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the electric mobility transition for energy security. He warned of increasing restrictions on four-wheelers, especially in urba
Ola Electric to consider another fundraise amid market share pressure
Ola Electric Mobility is looking to raise fresh capital, just three months after raising Rs 780 crore through a qualified institutional placement, according to a disclosure sourced from its stock exchange filing. The fresh fundraise comes as the electric
Many more Mercedes-Benz launches coming in 'key growth market, tech hub' India: CEO Ola Kallenius
Mercedes-Benz Group CEO Ola Kallenius said India has become a key growth market and technology hub for the company, with the automaker planning to introduce many more models in the country over the coming years.
Leanwatts Bags $2 Mn To Build Portable EV Chargers In India
Clean tech startup Leanwatts, which manufactures EV chargers, has raised $2 Mn (around ₹18 Cr) in its seed funding round…
India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: Study
India has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings from reduced import costs significantly eclipse battery costs. Accelerating the shift towards electrification mitigates t
India needs faster EV transition in trucks, buses, domestic capacity in critical tech: PM adviser
India must accelerate electric mobility, particularly for trucks and buses, to enhance energy security. The next five years are critical for major industry changes and meeting technology goals. Faster electrification of heavy vehicles is essential due to diese
EV subsidies to end in coming years, auto companies must prepare: Heavy Industries Secy
As stated by officials, government subsidies for electric vehicles will phase out in the coming years. It is imperative for automobile companies to work together to enhance charging infrastructure, paving the way for comprehensive electrification. Manufacturer
As Enterprise AI Starts Charging For Work, Owning The Outcomes Becomes The Contest
The most consequential change in enterprise AI this year is not a model release, it is a change in what…
Uttarakhand Discom Floats 100 MW/250 MWh BESS Tenders With 12-Year O&M
Uttarakhand State Power Distribution Company (UPCL) has recently issued three tenders totaling 100 MW/250 MWh. These three tenders are spread across Uttarakhand with varied capacities, comprising 41 MW/102.5 MWh, 23 MW/57.5 MWh, and a 36 MW/90 MWh Grid-Interac
UP Plans To Install Hybrid Rooftop Solar In Govt Buildings, Issues Tender
Uttar Pradesh is planning to install 2.5 MW of hybrid rooftop solar power systems across government buildings, with the state’s renewable energy agency inviting bids for the supply, installation, testing and commissioning of the projects. The tender, iss
Odisha Approves GRIDCO’s 600 MW Wind Power Procurement from SECI
The Odisha Electricity Regulatory Commission (OERC) has approved the power sale agreement (PSA) between GRIDCO and the Solar Energy Corporation of India (SECI) for procuring 600 MW of wind power.
Uttarakhand Floats Tenders for 100 MW/250 MWh Battery Storage Projects
Uttarakhand Power Corporation (UPCL) has invited bids through three tenders to develop grid-interactive standalone battery energy storage systems (BESS) with a cumulative capacity of 100 MW/250 MWh at 33/11 kV substations across the state.
Two-wheeler EV maker Simple Energy eyes another fundraise
The planned fresh fund raise will help Simple Energy to scale production even as the company has introduced a new model.
Hyundai Motor India targets No. 2 spot with new SUVs, higher production capacity
Hyundai Motor India plans to launch two new SUVs, including an electric model, to boost sales. The company is increasing production capacity to support future growth and regain its market position. Hyundai expects to outperform industry growth in the latter ha
Telangana Issues Solar Tender Requiring Use Of Only TOPCon Technology
The Telangana Renewable Energy Development Corporation Limited (TGREDCO) has issued a tender for the design, supply, installation and commissioning of a 33 kW grid-connected rooftop solar project in Karimnagar, with the procurement specifically requiring the u
Jaipur Discom Aims to Build Distributed BESS Fleet Through 12-Year Developer Contracts
Jaipur Vidyut Vitran Nigam Limited (JVVNL) has invited bids from battery energy storage system developers to set up and maintain a distributed fleet of standalone battery energy storage systems (BESS) at the distribution transformer (DTR) level in Jaipur, as t
Zepto’s New Game Plan, Layoffs At Zomato & More
Zepto’s Retention Playbook After postponing its IPO in July, Zepto is now trying to fix its unit economics. The quick…
Zepto’s Retention Play: Fewer Discounts, Premium Carts & A Paid Club
Before we turn the talk to Zepto’s IPO delay and how the company is looking to address the one problem…
Zenergize Bags $4 Mn To Scale Production Of Its EV Chargers
Clean tech startup Zenergize, which manufactures chargers for electric vehicles (EVs), has raised $4 Mn (nearly ₹38 Cr) in its…
Yuma Energy Bags $35 Mn To Expand Its Battery Swapping Network
Battery swapping platform Yuma Energy has raised $35 Mn (₹333 Cr) in its Series A funding round from existing backer…
Your EV is carrying six invisible passengers? EU data shows how electric cars differ from petrol & diesel vehicles
Electric vehicles are considerably heavier than their petrol-powered counterparts, mainly because of the added weight of their battery systems. According to recent European Union data, plug-in hybrids are the heaviest, followed by fully electric cars, while co
TVS retains EV two-wheeler lead in August as market declines 11%
India’s electric two-wheeler industry recorded a 11% month-on-month decline in August to 1.82 lakh units from 2.05 lakh units in July, with most major players witnessing a steep drop. TVS Motor retained the top spot despite the broader market slowdown. A
India EV sales jump 51% in August as robust demand drives electric car and 2W market growth
India's electric vehicle market witnessed an impressive 51% year-over-year growth in August. Despite this surge, a 12% sequential decline was recorded, attributed to festival-related office holidays. Electric two-wheelers experienced a remarkable 69% annual in
How Magron is building ‘Generation 2’ of electric vehicles
Bengaluru-based EV startup Magron is developing three electric motorcycles alongside technologies such as wireless charging and an AI-powered riding assistant.
Battery-swapping startup Yuma Energy raises $35 Mn from Magna International
Battery-as-a-Service (BaaS) provider Yuma Energy has raised $35 million in a Series A funding round led by Magna International Inc. The Bengaluru-based startup has also acquired battery technology company Grinntech to strengthen its battery technology and manu
Waaree Renewable Secures LoA for 291 MWp Solar Project With 280 MWh BESS
Waaree Renewable Technologies Ltd has secured a Letter of Award (LoA) for an EPC project involving 291 MWp of solar capacity and a 280 MWh battery energy storage system (BESS). The order has been placed by an Indian thermal power generator and is a domestic co
SECI Floats Short-Term Tender for 50 MW/100 MWh BESS With 2-Hour Storage
Solar Energy Corporation of India (SECI) has recently issued a tender to select Energy Storage System Developers (ESSDs) to utilize a 100 MWh (50 MW x 2 hours) standalone Energy Storage System. The tender has been issued on a short-term basis for “on-dem
Chandigarh Discom Signs SECI PPA for 50 MW Solar & BESS Under First ISTS Project
Chandigarh Power Distribution Limited (CPDL), a part of the power business of the RP–Sanjiv Goenka Group, has entered into an agreement to receive its first solar power connected to the Inter-State Transmission System. In a press release, CPDL, an electr
E2W Registrations Contract By Over 16% In August; Ola Electric’s Market Share Improves
Marking a second consecutive month of decline, monthly registrations of electric two-wheelers (E2Ws) in India fell below the 2 Lakh…
BlackRock Buys Ather Shares Worth ₹445 Cr
Asset management giant BlackRock has purchased nearly 26 Lakh shares of electric vehicle (EV) maker Ather Energy via an open-market…
Ather Shares Surge 5.7% To Hit Record High After Konarc Launch
Shares of EV maker Ather Energy touched a fresh all-time high of ₹1,703.90 during the intraday trading today following the…
Tata Motors PV sees EV boom, bets on record festive quarter as bookings triple: Executive
Tata Motors Passenger Vehicles Ltd is increasing its electric vehicle market share. The company has experienced a three-fold growth in electric vehicle bookings recently. Production capacity is currently limiting the company's ability to meet strong demand. A
Ola Electric Secures Centre’s ₹95.81 Cr Incentive Under PLI-Auto Scheme
Electric two-wheeler maker Ola Electric has secured a ₹95.81 Cr incentive under the government’s Production Linked Incentive (PLI) Scheme from…
New-Age Tech Stocks See Mixed Week; Ather Rallies 10%, Shiprocket Falls 9%
Investor sentiment towards new-age tech stocks remained subdued this week even as the IPO pipeline continued to expand. Shiprocket, LEAP…
Ather Launches Konarc Escooter At ₹99,999, Offers Up To 200 Km Range
EV maker Ather Energy has launched its new Konarc electric scooter at a starting price of ₹99,999 as it looks…
Ather launches Konarc electric scooter at ₹99,999 with 200 km range, 10-year battery warranty
The new Konarc electric scooter by Ather Energy is now on the market, starting at ₹99,999. This model features the innovative EL platform and comes in six distinct variants. Prioritizing ride comfort and road stability, the Konarc introduces an in-house develo
SECI Seeks 100 MWh Standalone Storage for Short-Term Use
The Solar Energy Corporation of India (SECI) has invited bids from developers to use a 50 MW/100 MWh (50 MW x 2 hrs.) standalone energy storage system (ESS) on a short-term basis.
Renewable energy projects can now store and sell curtailed power using co-located battery systems
The renewable energy landscape is evolving as the power ministry allows the storage of curtailed electricity from renewable projects. This stored energy can be harnessed to charge on-site battery systems, enabling developers to independently sell this surplus
Ola Electric Launches S1Z Escooter With Bharat Cell LFP Battery
EV maker Ola Electric has launched its new S1Z escooter range, powered by the company’s locally developed 46-series lithium iron…
Ola Electric launches S1Z, deliveries to begin in December
Ola Electric’s S1Z electric scooter starts at Rs 79,999, while the top-end variant offers a claimed IDC range of 301 km.
Ola Electric gets Rs 95.81 crore PLI incentive for second straight year
Ola Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore for FY 2024-25. The company's manufacturing capabilities and commitment to EV technology are recognized. This reinforces
Ola Electric brings indigenous Bharat Cell LFP tech to mass market with all-new S1Z
Ola Electric introduces the S1Z scooter featuring indigenous LFP battery technology. This new range aims to bring advanced technology to the mass market segment. The S1Z will be available in two variants with different battery capacities. Deliveries for these
Mahindra Group expands Battery-as-a-Service model to entire eSUV portfolio
Mahindra Group has expanded its Battery-as-a-Service model across its entire eSUV portfolio. This flexible ownership option lowers upfront vehicle purchase costs for customers. Customers can now finance their vehicle and battery separately through a dual-finan
Hero MotoCorp to raise stake in Ather Energy to 32.8% with Rs 1,758 Cr investment
Hero MotoCorp has increased its stake in electric two-wheeler maker Ather Energy to around 32.8% by acquiring shares from GIC, the sovereign wealth fund of Singapore. As per bulk deal data, Hero MotoCorp acquired 1.19 crore Ather shares from Government of Sing
Hero MotoCorp Buys Additional 3% Stake In Ather For ₹1,758 Cr
Auto giant Hero MotoCorp today bought additional 1.18 Cr shares of EV maker Ather via an open-market transaction for ₹1,758…
Byhmgard Acquires Rights to 50 MW Battery Storage Project in Finland
Listen to this article Byhmgard, a utility-scale energy storage project developer, has entered into binding agreements through a wholly owned project company to acquire the
Ather share price up 7% after Hero MotoCorp increases stake
Existing shareholder Hero MotoCorp said it will invest Rs 1,758 crore to acquire additional shares in Ather Energy.
Military Engineer Services Floats O&M Tender for 5 MW Solar Project
The Military Engineer Services (MES) has invited bids for the comprehensive operation and maintenance (O&M) of a 5 MW solar photovoltaic project in Mhow, Madhya Pradesh.The last date to submit bids is September 17. Bids will be opened by September 24.
Why JSW's Battery Plant Delay Signals a Bigger Problem for India's LFP Ambitions
JSW Group has paused its planned battery manufacturing facility in Odisha while it hunts for a technology partner capable of producing lithium iron phosphate (LFP) cells. Jindal clarified that the group has already gotten two things running: a cell-to-pack ass
Tata Motors rolls out Tata.Cars identity for PV business, aims to meet India's growing aspirations
Tata Motors revealed its new brand identity, Tata.Cars, targeting its passenger vehicle market and aiming to resonate with the evolving aspirations of Indian buyers. The company also debuted Tata.ev for its electric vehicle offerings, a strategic rebranding in
India's EV market to reach Rs 20 lakh cr by 2030, will create 5 cr jobs: Nitin Gadkari
India's electric vehicle market is projected to reach twenty lakh crore rupees by 2030. This significant growth is expected to generate five crore new employment opportunities across the nation. The government aims to make India's automobile industry the world
India plans Rs 13,000 crore in aid to spur battery parts output
India's new plan aims to reduce reliance on Chinese producers and boost local manufacturing. The government sees fostering a domestic battery supply chain as a strategic priority. Existing incentives for cell manufacturing have faced delays due to supply chain
Commercial EV maker Omega Seiki Mobility raises additional Rs 50 Cr funding
The fresh capital will be used to increase the company's installed manufacturing capacity, strengthen R&D, expand its dealer and service network, and accelerate the rollout of next-generation electric mobility products. The company had earlier this month r
AmpereHour builds the battery systems that let a grid store what its solar farms generate
The Pune-based company assembles modular storage systems and writes the software that runs them for utilities and industrial customers
Roofsol Energy Secures First C&I BESS Order for 5 MWp Solar + 4 MWh BESS From ACG
Roofsol Energy Pvt Ltd has recently secured its first Battery Energy Storage System (BESS) order in the Commercial and Industrial (C&I) segment, with a 5 MWp Solar + 4 MWh BESS Power Purchase Agreement (PPA) with Associated Capsules Group (ACG). It secured
Gujarat Issues Tender To Solarise Govt Buildings With Rooftop Solar
Gujarat has invited bids for installation of around 50 MW of grid-connected rooftop solar systems on government buildings across the state under a new 2026-27 programme, according to a tender issued by the Gujarat Energy Development Agency (GEDA). The tender c
Australia Launches Tender for 1.8 GW Renewable Energy Capacity
Australia has issued a tender to add around 1.8 GW of renewable generation capacity in Western Australia’s Wholesale Electricity Market, under its Capacity Investment Scheme (CIS). Tender 11 aims to support Western Australia’s rising demand for electrici
MENA Weekly Round-Up: Egypt Approves 1 GW Solar, 600 MWh Battery Project
Egypt approved a major solar-plus-storage project in Minya Governorate, granting Nefer Minya Renewable Energy a golden license to develop 1 GW of solar capacity alongside a 600 MWh battery energy storage system. The $750 million project will be developed in th
LFP for Most, NMC for the Best: Ola Electric's New Battery Strategy
Ola Electric is reshaping its battery strategy around two different lithium-ion chemistries, with lithium iron phosphate (LFP) expected to become the dominant technology across its mass-market electric vehicles and energy-storage products, while nickel mangane
JSW MG Motor launches Hector Tomahawk EV, PHEV: Check price, range, features
JSW MG Motor India has launched the Hector Tomahawk in electric and plug-in hybrid versions. These new models are available under a Battery-as-a-Service pricing structure. The electric variant offers a substantial range and supports fast charging capabilities.
Hero MotoCorp Subscribes to Rs. 960 Cr Ather Warrants, Deepens EV Bet
Hero MotoCorp Limited is deepening its investment in electric mobility by subscribing to a preferential issue of Ather Energy Limited (Ather), following its earlier commitment to invest up to Rs. 1,000 crore in the EV maker. The latest transaction increases He
L&T Renewables Secures 6 GWh BESS Order for Three Middle East Projects
The Renewables business vertical of L&T has won a major order to develop three Battery Energy Storage System (BESS) projects for a notable client in the Middle East. The three projects will collectively contribute 6 gigawatt-hours (GWh) of storage ca
Australia’s 1.8 GW WA Renewable Tender Puts Community, Landholder Engagement in Focus
The Albanese Government has brought another 1.8 gigawatts of renewable generation to Western Australia, with this tender being the first to require participation in the Government’s new Developer Rating Scheme (DRS). Backing Western Australia’s cle
Tata Communications, Tata Motors partner to launch 5G-powered Sierra.ev
Tata Communications and Tata Motors Passenger Vehicles have partnered to equip the Sierra.ev with built-in 5G connectivity, integrating Tata Communications’ MOVE platform with Tata Motors’ N.IO software-defined vehicle architecture. The setup will enable seaml
POWERGRID Invites Bids for 530 MWh Battery Storage Project in Haryana
Power Grid Corporation of India (POWERGRID) has issued a pre-bid tie-up tender to set up a 265 MW/530 MWh standalone battery energy storage system in Haryana.The last date to submit bids is August 31, 2026.POWERGRID has floated the tender to pre-select a contr
Penalizing RE generators for the weather: are Battery Energy Storage Systems the complete solution?
The conflict between the steps taken by the Regulator to ensure grid stability and the commercial interest of the renewable power generators continues to remain contentious, with the Regulator making a third attempt to balance such conflict. A stable gr
L&T Wins 6 GWh Battery Storage Order in the Middle East
Listen to this article Larsen & Toubro (L&T) has secured an order to set up three battery energy storage projects in the Middle East, with
L&T wins ₹5,000-10,000 cr 'major' order to build 3 battery storage projects in Middle East
Larsen & Toubro said its renewables business has won a major order in the Middle East to develop three battery energy storage system projects with a combined capacity of 6 GWh.
Hyundai taps Reliance-backed Jio-bp to take EV charging network to 37,000+ points
Hyundai Motor India and Jio-bp are integrating their electric vehicle charging networks. This partnership expands charging points to over 37,000 across India. Users can now access Jio-bp's 7,000 charging points through the myHyundai app. Hyundai plans to signi
Fujiyama to Add 1 GWh Lithium Battery Production Capacity in Madhya Pradesh
Listen to this article Solar energy solutions provider Fujiyama Power Systems (UTL Solar) will invest ₹50 million (~$524,001) to add 1 GWh of lithium battery manufacturing capacity at
Fujiyama Power Plans 1 GWh Lithium Battery Expansion, Tubular Battery Plant
Fujiyama Power Systems has proposed adding around 1 GWh of lithium battery manufacturing capacity at its Ratlam plant in Madhya Pradesh, in addition to the 2 GWh expansion it had announced earlier at the same facility. In a regulatory filing, Fujiyama Pow
EV startup MATTER raises $25M to scale electric motorcycle business
Ahmedabad-based MATTER will use the funding to scale manufacturing, expand distribution and launch four new motorcycles as India’s electric two-wheeler market grows rapidly.
SECI’s ₹5.25/kWh FDRE Tender Shows Solar-Storage Can Mimic Coal: IECC
A latest study has highlighted the growing potential of Firm and Dispatchable Renewable Energy (FDRE) in India, particularly the ability of solar-plus-storage projects to replicate the conventional operating profile of thermal power. An analysis by The India E
Uttar Pradesh Tenders 2.5 MW Rooftop Solar Projects with Battery Backup
Listen to this article The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to install 2.5 MW of hybrid rooftop solar
Scatec Plans Increasing Battery Storage Capacity Fivefold, Q2 Revenue Up 4%
Listen to this article Norway-based renewable energy solutions provider Scatec posted revenue of NOK1.37 billion (~$147.3 million) in the second quarter (Q2) of 2026, up
Waaree, NTPC REL & Acme Win SECI’s 1,500 MW FDRE Tender, Lowest Tariff At Rs. 5.99/kWh
Solar Energy Corporation of India (SECI) has recently awarded its 1,500 MW Firm and Dispatchable Renewable Energy (FDRE) tender to three winning bidders at Rs. 5.99/kWh to Rs. 6/kWh. The tender for this project was issued in June and is being awarded after two
SECI Announces Winners of 6 GWh Peak Power Supply Auction
The Solar Energy Corporation of India (SECI) has announced the winners of its auction to select developers for the assured peak supply of 6,000 MWh (1,500 MW X 4 hours) of firm and dispatchable renewable energy from interstate transmission system (ISTS)-connec
EV Manufacturer Omega Seiki Raises Additional ₹50 Cr To Accelerate International Expansion
Weeks after announcing fresh capital raise, EV manufacturer Omega Seiki Mobility (OSM) has secured an additional ₹50 Cr ($5.2 Mn)…
Pace Digitek Wins ₹92.93 Crore Work Order from Kalpa Power for 100 MWh BESS
Pace Digitek has secured a ₹92.93 crore work order from Kalpa Power for the supply and commissioning support of a 100 MWh Battery Energy Storage System ( BESS ). The order has been awarded to Pace Digitek’s material subsidiary, Lineage Power Private Limi
NLC India Tenders 1,500 Acres of Land for Solar Projects in Tamil Nadu
NLC India Limited (NLCIL), Neyveli, on behalf of its subsidiary, NLC India Renewables Limited (NIRL), has invited bids to arrange around 1,500 acres of land. The tender aims to arrange land through outright purchase for the development of solar projects in Tam
Urban Company Jumps 8% As UBS Sees ‘Blinkit Moment’ In Home Services
Update | August 21, 17:15 IST Shares of Urban Company ended today’s trading session 8.9% higher at ₹158 apiece on…
JBM Auto responds to Bain EV investment report, says no material disclosure required
JBM Auto on Friday clarified that a report on Bain Capital's proposed investment in its electric vehicle business relates to subsidiary JBM Electric Vehicles. The company told stock exchanges that there was no material information requiring disclosure under Re
GMIDC Tenders 150 MW Floating Solar Plus 150 MWh Battery Storage Project
Listen to this article Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EoI) to set up a 150 MW floating solar project
Exclusive: Battery Smart raises $19.5 Mn at $430 Mn valuation
EV battery-swapping startup Battery Smart has raised Rs 185.5 crore or $19.50 million in its Series C funding round led by existing investors Rising Tide Ventures with the participation from Ecosystem Integrity Fund and Blume Ventures. In March 2026, the compa
e-TRNL Energy is redesigning the battery cell itself rather than its chemistry
The Bengaluru-based company has developed a cell architecture that it says works with lithium and sodium chemistries alike and has built the machinery to manufacture it.
Delhi Master Plan-2041 Pushes Agri-cum-Solar Farms, Rooftop Solar & EV Adoption
Delhi has recently issued a collaborative governance framework under MPD-2047, which, among other strategies, includes a policy encouraging the development of solar farms in greenfield areas. This is in line with Delhi’s “Agriculture-cum-Solar Farm
Coal India Seeks ₹7 Billion Term Loan for 750 MWh Battery Storage Project
Coal India (CIL) has invited bids for a rupee term loan of ₹7.134 billion (~$74.55 million) to develop a 187.5 MW/750 MWh standalone battery energy storage system (BESS) project in Choutuppal, Telangana. The last date to submit the bids is September 10, 2026.
BMW wants nearly one in three cars it sells in India to be electric
BMW expects electric vehicles to account for more than 30% of its India sales by year-end, up from 26% currently. The luxury carmaker is also considering local assembly of the BMW i5 LWB as it expands its EV and long-wheelbase portfolio.
Behind-the-Meter Battery Storage Gains Ground Across India's Industrial Sector
Walk through an industrial area in Pune or a data centre campus near Chennai, and you may notice something rare a few years ago. Next to the transformer yard, there are now rows of large steel containers quietly running through the day. These are battery energ
AlgoFET builds the docking stations that let drones recharge without a person present
The Bengaluru-based company makes autonomous docking, charging and battery management infrastructure, so that a drone can land, recharge and fly again on its own.
Why NTPC Is Looking Beyond Lithium-Ion for Its 38.9 GWh BESS Portfolio?
NTPC is building a sizeable battery energy storage portfolio to support the rapid expansion of solar and wind power, but the state-owned power producer does not intend to make lithium-ion technology the sole basis of its storage strategy. Instead, the company
SJVN Green Issues Tender To Build 1 GW Solar Project in the Punjab and Rajasthan
SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has issued a 1000 MWac solar project EPC tender, covering the development of grid-connected solar projects of up to 1000 MW in Punjab and Rajasthan, along with the provision of land and associated EPC act
ReNew Posts 16% Q1 Growth, Adopts Wait-and-Watch Approach on Merchant BESS
ReNew Power recently, in its financial results for the quarter ended June 30, 2026, reported that its income (or total revenue) for Q1 FY27 was Rs. 47,864 million (US$ 506 million), compared to Rs. 41,182 million (US$ 435 million) in Q1 FY26, marking a 16.23%
NTPC REL Floats Tender for 600 MW ISTS-Connected Wind Project in Andhra Pradesh
NTPC Renewable Energy Limited (NTPC REL) has issued a tender for the supply and installation of wind turbine generators (WTGs) for developing an Inter-State Transmission System (ISTS)-connected wind project. NTPC REL has invited bids for the supply and install
AMPIN Secures $195 Million for 100 MW Wind-Solar Storage Project
Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement (PPA)-backed 100 MW wind-solar project with battery energy storage systems in Andhra Pradesh.The projec
ADNOC launches ninth spot crude tender since June, sources say
Abu Dhabi National Oil Company is offering spot crude oil in a tender. This tender is for Upper Zakum, Umm Lulu, and Das crude oil. Bids are due by August twenty-fourth and will remain valid until August twenty-sixth. Buyers can purchase on a free-on-board bas
Xbattery makes the circuit board that decides whether a battery pack works or burns
The Hyderabad-based company designs and manufactures battery management systems in-house for electric vehicles and stationary storage, a component India mostly imports.
Uttarakhand Regulator Dismisses Review of Solar, Battery Storage Trading Margins
The Uttarakhand Electricity Regulatory Commission (UERC) has rejected a petition seeking reconsideration of the trading margins prescribed for solar and standalone battery storage projects.
Tata Power Invites Bids for 50 MW/100 MWh Battery Storage Capacity
Tata Power-D, the distribution arm of Tata Power Company, has invited bids to procure 50MW/100MWh (1 cycle) of battery energy storage capacity for a 15-year period from a grid-connected inter-state project in Rajasthan.
Korkia Semecon Finland Renewables Sells 125 MW Battery Storage Project
Korkia Semecon Finland Renewables, a joint venture between Korkia and Semecon, has completed the sale of the 125 MW Kukonkylä…
India’s Next Battery Challenge: What to Do With Retired EV Batteries
India's energy storage industry is booming right now. Grid-scale battery capacity has grown more than elevenfold in just six months, EVs are hitting the road in record numbers, and there's real talk of India becoming a global hub for battery manufacturing too.
Bain Capital looks to drive into JBM Auto’s EV business with $300 mn bet
Seeks significant minority or joint control; Company, among the largest E-bus maker in the country expects 45% of FY27 revenue from EV biz
Utility-Scale BESS Margin Crunch Pushes Prostarm Info Systems Towards C&I Storage
Maharashtra-based energy storage equipment manufacturer Prostarm Info Systems Ltd's management has indicated a strategic shift towards the Commercial and Industrial (C&I) segment of its battery energy storage system (BESS) business, as ongoing disruptions
The Real Cost of BESS Goes Beyond Price per MWh: Interview
Accounting for 21% of India’s auctioned renewable capacity in the first half of 2026, battery energy storage systems (BESS) are changing how utilities, developers, and commercial and industrial (C&I) consumers tackle challenges like peak demand management
SJVN Green Energy Floats EPC Tender for 1 GW Solar Projects
SJVN Green Energy (SGEL) has invited bids for an engineering, procurement, and construction (EPC) package, including land, to develop up to 1,000 MW of solar projects in Punjab and Rajasthan.
PFC Consulting Tenders Transmission Project for 765 kV Substation in Rajasthan
PFC Consulting has invited bids to establish an intrastate transmission system (InSTS) for the 765 kV grid substation in Rundh Gidawara (Alwar) and the associated transmission system in Rajasthan.The last date to submit bids is October 16, 2026. Bids will be o
Rajasthan Invites Bids for 2 MW/4 MWh Small-Scale Battery Storage Systems
The Jaipur Vidyut Vitran Nigam (JVVNL) has invited bids for the design, supply, testing, installation, and commissioning of pilot-based, small-scale, standalone battery energy storage systems totaling 2 MW/4 MWh, along with comprehensive maintenance for 12 yea
Next chapter of India's EV revolution: Why software and emerging tech will matter more than speed
EV vehicles continuously record location, charge level, distance travelled, battery activity and inactive period. However, collecting data without proper action has limited value.
Exicom makes India’s first liquid-cooled EV charger modules
Exicom Tele-Systems is now manufacturing liquid-cooled power modules for EV chargers. This new production facility in Hyderabad will serve global markets, including North America and Europe. The company's move addresses heat challenges in high-power electric v
Awarded, Tendered Battery Storage Capacity in India Tops 105 GWh
Listen to this article Over 105 GWh of battery energy storage system (BESS) capacity is expected to be in place in India by 2029-30, according
Maharashtra Seeks EOI To Build 14.3 MW Solar + BESS Project Under PPP basis
Maharashtra Government’s Godavari Marathwada Irrigation Development Corporation (GMIDC) has recently sought an Expression of Interest (EoI) to develop an integrated Solar+Storage project. The project includes the development of a 14.3 MW ground-mounted s
CEA’s New Cyber Rules Put Large Renewable & BESS Projects Under Tighter Security Regime
India’s renewable energy and battery energy storage sector will face a more formalised cybersecurity regime from April 1, 2027, with the Central Electricity Authority (CEA) bringing large generating assets and energy storage systems within the scope of i
Why range anxiety isn’t about battery life; it’s about uncertainty at the charging station
The next phase of infrastructure in India has to be as much about reliable, real-time information as it is about physical rollout. Drivers need to know charger status before they commit to a detour. They need a realistic sense of waiting time. They need to kno
Rechargion builds sodium-ion battery cells from materials India already has
The Pune-based CSIR-NCL spin-off has developed sodium-ion cells using its own hard carbon and electrode materials, and has put them through independent safety testing at ARAI.
Powertrac to Build 10 GWh Battery Storage Manufacturing Facility in Gujarat
Powertrac Group, a renewable energy solutions provider, has announced plans to establish a 10 GWh battery energy storage manufacturing facility in Ahmedabad, Gujarat.The proposed manufacturing campus will span five acres and will integrate battery cell-to-pack
NextEnergy UK I Acquires 107 MW Battery Storage Portfolio in the UK
Listen to this article NextEnergy UK I (NEUK I), a private U.K. fund managed by NextEnergy Capital, has acquired a 107 MW portfolio of three
Govt proposes age limit extension for EVs, hydrogen and CNG-powered vehicles
The Centre proposes extending vehicle age limits by five years. National permit authorisations may be granted electronically for up to five years. Temporary vehicle registrations will have revised validity periods. Automotive component manufacturers will be br
CAG Flags ₹6.78 Cr Incentive Irregularities, Charging Gaps Under FAME
The latest report of the Comptroller and Auditor General (CAG) of India, as tabled in Parliament, has highlighted gaps in the available data on incentives claimed, sanctioned, and disbursed during the period from November 2017 to March 2019. As presented in Pa
20 Bidders, Five Beneficiaries: Rare-Earth Magnet Race Signals Changing Market Competition
India’s tryst with rare-earth minerals has now expanded to include renewable energy companies as the requirement for these components grows across renewable projects such as wind turbines and electric vehicles (EVs), among other applications. This trend
UPERC Rejects Petition for BESS Integration with Thermal Power Plants
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has dismissed a petition filed by U.P. Rajya Vidyut Utpadan Nigam (UPRVUNL) seeking an enabling regulatory framework for integrating, recognizing, and tariff-treating battery energy storage systems (B
RECPDCL Tenders Transmission System to Evacuate 12 GW of Renewable Power
REC Power Development and Consultancy (RECPDCL) has invited bids to establish three packages of an interstate transmission system (ISTS) for evacuating 12 GW of renewable power from the Rajasthan Renewable Energy Zone Phase IV, Part 6 (6 GW), at the Bikaner Co
Juniper Green Energy bags 230 MW SECI FDRE project at Rs 5.26 per unit
Juniper Green Energy received a Letter of Award from SECI for a 230 MW renewable energy project. This project will provide round-the-clock power at a tariff of Rs 5.26 per unit. The company won this bid in an e-reverse auction conducted by SECI. This innovativ
AHAsolar Technologies Wins Consultancy Order for 250 MW/500 MWh BESS Project from NIRL
AHAsolar Technologies has secured a work order from NLC India Renewables Limited (NIRL) to provide consultancy services for NIRL’s 250 MW/500 MWh Battery Energy Storage System (BESS) project. The tender for this project was issued in January, and the wor
Product Engineer (Battery Storage System)
JOB OVERVIEW We are seeking a technically qualified Product Engineer – Battery Storage System (BESS) with deep hands-on expertise in integrating Solar PV systems with Lithium-Ion Battery Energy Storage across all project scales — Residential Roofto
Ola Electric unveils Shakti energy storage portfolio for homes, businesses and grids
Ola Electric celebrated India's Independence Day with the introduction of its Shakti energy storage series. This groundbreaking lineup incorporates locally sourced LFP battery technology for various uses. Home users can expect the Shakti Gen2 to arrive by Nove
Ola Electric unveils full-stack energy storage portfolio from home to grid
The new energy portfolio of Ola Electric is designed to store energy and deploy whenever needed
Meine Electric’s Iron-Air Battery For LDES Enters Utility-Scale Pilot Evaluation
NTPC Simhadri Thermal Power Station has planned a pilot project to evaluate an indigenous Iron-Air Battery technology for Long-Duration Energy Storage (LDES) applications with Meine Electric, as a technology partner. In a press reelase, Meine
Choices aplenty for car buyers; petrol moves to slow lane as CNG, hybrids, EVs chip away at its share
In major Indian cities, the popularity of petrol cars is waning as consumers turn to CNG, hybrid, and electric vehicles. This is largely influenced by the allure of lower operational costs and superior fuel efficiency. To keep pace with this transformation, au
Ola Electric Unveils Three New Energy Storage Products
With an eye on bolstering its energy solutions business, electric vehicle (EV) maker Ola Electric yesterday announced the launch of…
India state food safety chief targets Eternal, Swiggy, Zepto in sweeping crackdown, suspends permits of 12 warehouses
Maharashtra's food safety chief has taken action by suspending 12 warehouses' permits for grocery giants including Eternal, Swiggy and Zepto after recent inspections exposed disturbing health violations such as cockroach infestations and spoiled produce. Moreo
UP Charts Clearer Path for Renewable, BESS and PSP Integration Into Grid
Uttar Pradesh is seeking to bring greater clarity to the deployment and grid integration of renewable energy and energy storage projects through the draft Uttar Pradesh Electricity Grid Code (UPEGC) Regulations, 2026. The proposed framework brings renewable en
Karnataka Floats Consultancy Tender for 2.5 GW Pumped Storage Project
Listen to this article The Karnataka Power Corporation (KPCL) has invited bids for consultancy services to prepare a detailed project report (DPR) for the 2,500
Nikhil Kamath asks whether India should build EVs or batteries. The answer from Chinese experts may surprise you
Nikhil Kamath’s conversation with Chinese battery experts explores whether India should build electric vehicles or focus on batteries. The discussion examines safety concerns around LFP batteries, the potential of sodium-ion and nickel-based technologies, the
Maharashtra FDA Suspends Licences of 14 Dark Stores Of Blinkit, Zepto & Instamart
The Maharashtra Food and Drug Administration (FDA) has reportedly suspended the licences of 14 “food business establishments” linked to quick…
Hinduja Group to Invest ₹2,500 Crore in Tamil Nadu on Renewables, New Mobility
The Hinduja Group plans to invest ₹2,500 crore in Tamil Nadu across renewable energy, electric mobility, automotive, financial services, energy, battery charging infrastructure and digital mobility solutions, the group said on Thursday. As part of the commitme
Form Energy Raises $750 Million to Scale Iron-Air Battery Production
Listen to this article Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity
Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY
Energy storage company Stem’s revenue fell 12.3% year-over-year (YoY) to $33.65 million in the second quarter (Q2) of 2026 compared with $38.37 million, missing analysts’ estimates by $2.99 million.The company attributed the revenue decline to lower battery ha
Can Zepto’s Revenue Engine Outrun Quick Commerce Costs?
In 2021, when much of India was still getting used to ordering groceries online, two teenage Stanford dropouts, Aadit Palicha…
Waaree Transpower Enters Global BESS Supply Chain With ₹160 Crore Order
Waaree Transpower Private Limited, a subsidiary of Waaree Energies, has received an order worth approximately ₹160 crore from a global energy storage technology and solutions company to supply medium-voltage (MV) skids for battery energy storage system (BESS)
Rajasthan Floats Consultancy Tender for 45 MW Renewable Energy Projects
Rajasthan Renewable Energy Corporation (RRECL) has invited bids to select an agency to prepare detailed project reports (DPRs) for 45 MW of renewable energy projects in the state.The projects will have indicative capacities of 30 MW at Mathania in Jodhpur dist
Odisha Cabinet Revamps 2022 Renewable Policy, Adds BESS, Wind & PSP Incentives
The Odisha Cabinet has approved amendments to the Odisha Renewable Energy Policy (OREP), 2022, to accelerate renewable energy development by bringing Battery Energy Storage System (BESS), wind energy, and Pumped Storage Project (PSP) projects under its ambit.
MiniMines Gets Indian Patent for Lithium-Ion Battery Recycling Technology
MiniMines Cleantech Solutions Pvt. Ltd. has secured a patent from the Indian Patent Office for its proprietary Hybrid Hydrometallurgy (HHMR) technology, marking a significant development in its efforts to strengthen India's critical mineral recovery and batter
India is swapping solo bites for group dining and healthier picks
Out-of-home food and beverage consumption is increasingly shifting towards group occasions. Solo consumption has declined while larger group consumption has significantly risen in recent years. Consumers are also prioritizing healthier snacks and drinks in the
Gujarat Tenders 1 GW/4 GWh Standalone Battery Storage Projects
Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up 1,000 MW/4,000 MWh of standalone battery energy storage systems (BESS) in the state (Phase-X).
MNRE Expands Renewable Energy Skilling Training For BESS, Manufacturing & Transmission
The Ministry of New and Renewable Energy (MNRE) has now approved the continuation of its Human Resource Development (HRD) Programme for the renewable energy sector for FY2026-27 to FY2030-31, with a total financial outlay of ₹258.83 crore. The approved outlay
Hinduja Renewables Bets On BESS, Pumped Storage To Make Renewables More Dispatchable
The Indian renewable energy sector is entering a new phase where storage, flexibility and dispatchability are becoming as important as capacity additions. How is Hinduja Renewables positioning itself for this transition? India's renewable energy journey is mov
GUVNL Awards 450 MW/900 MWh BESS Tender To Sun Drops Energia & NLC India Renewables
Gujarat Urja Vikas Nigam (GUVNL) has recently awarded a 450 MW/900 MWh standalone BESS tender to NLC India Renewables (NIRL) at ₹2,31,989/MW/month for a 275 MW project and to KPI Green subsidiary Sun Drops Energia Ltd. at ₹2,31,990/MW/month for a 410 MW projec
Daily News Wrap-Up: Storage-Backed Renewable Tenders Lead Procurement in 1H 2026
Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing, and rooftop solar projects in the first half of 2026, according to Mercom India’s newly rel
Amara Raja Plans ₹250–300 Cr BESS Investment, Targets 5 GWh Utilisation Within Six Months
Amara Raja Batteries Limited's Q1 FY27 earnings conference call provided a broader outline of the company's plan to achieve at least around 5 GWh of utilisation within six months of the factory's completion. In its latest investor call, the management spoke ab
Yulu Raises $93 Million in Series C Funding, Eyes 200,000 EV Fleet
Electric mobility-as-a-service company Yulu has raised $93 million in a Series C funding round led by GEF Capital Partners. The funding comprises $63 million in equity and $30 million in debt.
Yulu Bags $93 Mn To Scale EV Fleet, Enter Full-Size Electric Scooter Segment
Electric mobility service provider Yulu has raised $93 Mn (about ₹887.5 Cr) in its Series C funding round led by…
Why India’s Electric Bus Push May Depend More on Finance Than Batteries
For years, the headline number in India's electric vehicle story has been the electric two-wheeler ( e2w ) and electric three-wheeler ( e3w ) count, all thanks to scooters and autos flooding city streets under subsidy schemes. But a fresh data dump from
Petronas arm Gentari puts India EV charging business up for sale
Petronas subsidiary Gentari has begun exploring a sale of its Indian green mobility unit, Gentari Green Mobility India, which operates about 3,000 EV charging points across 11 states. The process comes after an earlier attempt to divest a significant minority
Ola Electric secures 5-year PLI window, to get upto Rs 7,240cr in incentives
A filing disclosed that the disbursements will be made quarterly, starting from next quarter.
Ola Electric gets revised ACC PLI timeline, eyes Rs 7,240 crore incentive payout through 2031
Ola Electric's subsidiary received revised timelines for the ACC PLI scheme. This approval secures a full five-year incentive window through calendar year 2031. The company expects to unlock cumulative incentives of up to Rs 7,240 crore. Ola Electric is expand
Ola Electric gets five-year PLI window, eyes Rs 7,240 Cr incentive
Ola Electric has secured a revised timeline under the government’s Production Linked Incentive (PLI) scheme for advanced chemistry cells (ACC), giving its battery business a fresh five-year window to qualify for incentives of up to Rs 7,240 crore. The Mi
Ola Electric Eyes Up To ₹7,240 Cr Battery Cell PLI Incentives After Timeline Revision
The Ministry of Heavy Industries (MHI) has revised the timelines under the advanced chemistry cell (ACC) PLI scheme for Ola…
Octillion Opens Third EV Battery Plant in India With 3 GWh Annual Capacity
Octillion Power Systems has opened its third manufacturing facility in India, adding production capacity in Halol, Gujarat, as demand for electric vehicle ( EV ) battery systems grows across passenger, commercial and public transport segments. The facility cov
Maharashtra Invites EOIs for 170 MW Floating Solar Project with Battery Storage
The Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EOI) to develop a 170 MW AC floating solar project with a battery energy storage system (BESS) in Maharashtra.
India’s EV charger network crosses 67,600 as FAME-II supports 16.7 lakh vehicles
India has installed over 67,000 electric vehicle chargers nationwide. The FAME India Phase-II scheme supported 16.72 lakh electric vehicle sales. Over 5,000 electric buses have been deployed under the FAME-II scheme. Other government initiatives have also boos
GUVNL Announces Winners of 450 MW/900 MWh Battery Storage Auction
Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap funding from the power system development fund (Phase-IX).
EV mobility service startup Yulu raises $93M led by GEF Capital
Yulu will use this funding round to increase its fleet capacity to 2 lakh electric vehicles and expand service hubs.
ChargeZone, Landmark Cars announce strategic partnership
Customers purchasing electric vehicles from any Landmark dealership across India will receive charging benefits on ChargeZone's nationwide fast-charging network, bringing charging benefits into the EV ownership journey from the point of purchase, a company sta
Amara Raja Starts 10 GWh Battery Plant Construction, Q1 Revenue Up 24%
Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the financial year 2027, up 23.9% year-over-year (YoY) from ₹34.01 billion (~$357.12 million).Th
Energy Storage-Backed Renewable Tenders Dominate Procurement in 1H 2026
Agencies in India issued 44 GW of tenders and auctioned 16 GW of capacity across energy storage, hybrid, large-scale solar, wind, manufacturing, and rooftop solar projects in the first half (1H) of 2026, according to Mercom India’s newly released India R
Zepto Faces Fresh Regulatory Heat As Bengaluru Warehouse Sealed Over Food Safety Violations
Adding to the ongoing regulatory scrutiny, the Food Safety Division of Karnataka’s Food Safety and Drug Administration Department has sealed…
Indofast, GLIDA to set up 100+ battery-swapping stations across India
Indofast Energy and GLIDA will co-locate battery swapping stations at charging sites. They aim to establish fifty sites with over one hundred swapping stations. This collaboration creates integrated EV energy destinations for users. Delivery riders and fleet o
How Nexular is helping EV makers track and manage connected vehicles
Bengaluru startup Nexular builds hardware, software, and AI tools that help EV makers track, manage, and monetise vehicles after sale.
European Energy Secures $78 Million for UK Solar and Battery Project
Listen to this article European Energy, a renewable energy project developer, has secured £58.1 million (~$78.5 million) in construction financing for its Indian Queens hybrid
Blinkit’s Mumbai Facility Licence Suspended After FDA Finds Cockroach Infestation
The Maharashtra Food and Drug Administration (FDA) has suspended the food licence of a Blinkit facility in Mumbai’s Malad West…
NTPC Green Energy Wins 200 MW/ 800 MWh BESS in WBSEDCL’s 500 MW/ 2000 MWh BESS Tender
West Bengal State Electricity Distribution Company Limited (WBSEDCL), after the annulment of the 250 MW/1,000 MWh Battery Energy Storage System (BESS) tender, has awarded a 200 MW/800 MWh BESS tender to NTPC Green. In a regulatory filing, NTPC Green Energy Lim
Daily News Wrap-Up: SECI Announces Winners of 1 GW FDRE-RTC Auction
The Solar Energy Corporation of India (SECI) announced the winners of the auction to supply 1 GW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) power from interstate transmission system-connected renewable energy projects (FDRE-RTC-Tranch
Ola Electric’s Comeback Quarter Comes With A Caveat
Under deep public scrutiny, Bhavish Aggarwal’s Ola Electric has spent the past year trying to fix a business that had…
How Dynolt is building India’s EV charging electronics around software instead of hardware
The Bengaluru-based company makes power converters for two-wheeler and three-wheeler chargers and battery swapping stations, and claims to have deployed more than 14,000 across India.
Ethanol, EVs must coexist in India's clean mobility transition; E20 mileage impact limited: IFGE
IFGE said India needs a diversified energy strategy comprising ethanol, electric vehicles, hybrids, CNG and hydrogen, particularly as nearly 300 million internal combustion engine (ICE) vehicles remain on the country's roads.
Ather's demand outpaces capacity as monthly pre-orders cross 50,000
Ather Energy's latest earnings call showed a sharp mismatch between demand and supply, with the electric scooter maker's monthly pre-orders crossing 50,000 while its existing capacity remains well below that level. The company is now accelerating capacity expa
Turning battery waste into strategic resources: The next opportunity for Indian industry
As EV adoption accelerates, end-of-life batteries are emerging as a strategic source of critical minerals. Building a robust battery recycling ecosystem will be key to India's resource security, manufacturing resilience, and clean energy future.
Swiggy, Zomato, Zepto May Face EV Mandate, 2% Welfare Levy In Maharashtra
New-age tech consumer tech companies like Swiggy, Zomato, Zepto, and Meesho could face higher costs in Maharashtra as the state…
Ather Jumps 17% To Lead Weekly Rally In New-Age Tech Stocks, MapmyIndia Biggest Loser
With the Q1 earnings season in full swing, investors actively traded new-age tech stocks based on the latest financial disclosures,…
AI is reimagining service companies; Ola Electric narrows loss in Q1
Northbound Advisors is building a proprietary AI tool with a partner, trained on eight years of work across diligences, CFO advisory, legal, tax and risk engagements.
Tamil Nadu Unveils ₹1 Lakh Rooftop Solar Incentive, Plans New BESS Policy and Grid Upgrades
Tamil Nadu has announced a series of clean energy measures in its 2026 State Budget, including an additional state subsidy of up to ₹1 lakh for residential rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana. Alongside the rooftop solar push, the g
SECI Awards 1 GW FDRE-RTC Project At 5.25- 5.26/unit To Seven Winners
The Solar Energy Corporation of India (SECI) has recently awarded its 1,000 MW Round-the-Clock Thermal Mimic (RTC-TM) power tender to seven bidders. It awarded this tender after four months from issuing it in March this year. The tender repre
Parliamentary Panel Urges NHPC to Prioritise 20 GW PSP Pipeline, BESS Development
NHPC's 31st Report of the Committee on Public Undertakings of the 18th Lok Sabha, based on its observations, has recommended giving strategic priority to the development of Pumped Storage Projects (PSPs) and Battery Energy Storage System (BESS) projects. The r
Pace Digitek Targets 10 GWh BESS Capacity by FY27-End, Eyes Battery Cell Manufacturing
Pace Digitek has outlined an ambitious growth roadmap centred on battery energy storage systems (BESS), manufacturing expansion and technology localisation after reporting a strong start to FY27. During its Q1 FY27 earnings call, the company said it is o
Ola Electric's Q1 FY27 revenue drops 45% to Rs 455 Cr, loss narrows 22%
Electric vehicle maker Ola Electric continued to struggle during Q1 FY27 as its revenue declined 45% year-on-year. However, the Bengaluru-based company managed to narrow its losses by 22% to Rs 336 crore Ola Electric’s revenue from operations declined to
Mumbai's BEST To Procure 220 MW Solar With 440 MWh Battery Storage
Mumbai's Brihanmumbai Electric Supply and Transport (BEST) Undertaking has received approval from the Maharashtra Electricity Regulatory Commission (MERC) to procure 220 MW of solar power coupled with a 110 MW/440 MWh Battery Energy Storage System (BESS). BEST
Mobility startup E3 Electric.AI launches intelligent e-scooter E3 TRION
Bengaluru-based electric mobility startup E3 Electric.AI has launched its intelligent electric scooter, E3 TRION, which it says is designed to create a new category in the mobility space. The AI-powered E3 TRION integrates human-centric design with predictive
Servotech Plans 10X BESS Capacity Expansion in Two Years, Bets Big on Manufacturing Growth
Servotech Renewable Power System Ltd. is doubling down on battery energy storage systems (BESS), with plans to expand its production capacity tenfold over the next two years as it ramps up manufacturing capabilities to meet surging demand. Speaking during the
IEEFA-Ember Calls for Battery Storage Push to Future-Proof Delhi's Grid
Delhi's power sector is well-positioned for a clean energy transition, but scaling rooftop solar, battery energy storage systems (BESS), demand-side flexibility and electricity market reforms will be critical to meeting the capital's rapidly rising electricity
How to raise funding for an EV startup in India (2026 playbook)
The EV funding landscape in India — who's writing cheques, what stage they fund, and how to get in front of them.
EV startup funding tracker: July 2026 — the rounds that moved the needle
Every significant EV funding round in India for July 2026, with the signal each one sends about where the market is heading.
KPI Green wins 445 MW/890 MWh BESS from GUVNL; SECI Odisha storage tender opens
Gujarat's VGF-backed storage round goes to KPI Group as SECI launches a 125 MW/500 MWh standalone BESS solicitation in Odisha.
POWERGRID wins 150 MW/300 MWh BESS in APTRANSCO's 2 GWh tender
PGCIL's first BESS win under TBCB — part of Andhra Pradesh's 1,000 MW/2,000 MWh storage procurement across seven substations.
Battery Smart's extended Series B pushes valuation to $450 million
The battery-swapping network raises $21M more as swapping consolidates in the 2W/3W commercial segment.
Kazam raises $6.2M led by IFC to scale EV charging infrastructure
The EV charging software platform powers 68,000 chargers and 5M+ sessions — now backed by the World Bank's private arm.
Ather Energy's ₹2,981 crore IPO — a muted debut after a tepid subscription
Ather's IPO subscribed 1.43x, listed at a 2.2% premium then slipped — what it says about EV valuations and the IPO market.
Magenta Mobility raises ₹100 crore pre-Series B, eyes ₹400-500 crore Series B
The Amazon/Flipkart fleet partner scales 2,700 electric 3-wheelers with bp and Morgan Stanley backing.
Exponent Energy raises ₹200 crore for 15-minute rapid charging expansion
The Ather-alumni-founded charging startup scales beyond Bengaluru and Delhi with 360 ONE Asset and TDK Ventures leading.
Zypp Electric raises $6.5M more in an ongoing Series C — up to $50M planned
The EV-as-a-service player targets $50M in its Series C as gig-economy delivery electrifies.
BluSmart raising $50M at $335M pre-money as EV ride-hailing scales
The EV cab operator runs 8,500 EVs and a 5,800-station charging network — now raising its Series B.
SECI awards 2 GW solar-plus-storage; Reliance's NU Suntech wins 930 MW
Reverse-auction results show solar-plus-storage tariffs at ₹3.52/kWh — the economics of pairing PV with 4-hour storage.
Ola Electric's ₹6,146 crore IPO — India's largest EV listing of 2024
Ola Electric's market debut, subscription details, use of proceeds and what it signalled for the Indian EV capital markets.
SECI launches 1,000 MW/2,000 MWh standalone BESS tender — India's largest
India's biggest standalone battery storage solicitation to date, under tariff-based competitive bidding with 12-year BESPA contracts.
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