Market News
Stay updated with the latest market trends, earnings, and economic indicators.
JSW Energy arm bags BESS contract from Bondada Renewable Energy
JSW Energy said that its step-down subsidiary, JSW Energy PSP Eleven (JEPEL), has secured orders worth Rs 443.74 crore from Bondada Renewable Energy, for the supply of Battery Energy Storage System (BESS) and Power Conversion System (PCS) solutions.

Adani Green's Q1 energy sales surge 30% on higher renewable capacity
Adani Green Energy's operational renewable capacity rose 27% year-on-year to 20,142 MW, while electricity generation climbed 30%, driven by new projects and the continued expansion of its Khavda renewable energy park.

JSW Energy bags ₹444 crore battery storage order from Bondada Renewable
The order from Bondada Renewable covers 200 MW/400 MWh of battery energy storage systems and power conversion solutions, strengthening JSW Energy's push into the fast-growing energy storage market.
Pace Digitek arm inks BESS supply agreement
Pace Digitek announced that its material subsidiary, Lineage Power, has entered into a memorandum of understanding (MoU) with Bondada Renewable Energy for the supply of Battery Energy Storage Systems (BESS).

Pace Digitek arm Lineage Power signs MoU with Bondada Renewable Energy for BESS supply
Shares of Pace Digitek Ltd ended at ₹215.80, down by ₹3.50, or 1.65%, on the BSE.
Nuclear equipment makers expand capacity as India opens sector
Indian nuclear equipment makers are expanding capacities for anticipated increased demand. New legislation allows private companies to establish nuclear power plants in India. Major power producers have announced plans to enter the nuclear energy sector. The government targets one hundred gigawatts of nuclear capacity by 2047. This expansion offers significant opportunities for component suppliers.
Havells India forays BESS segment in collaboration with Pixii AS
Havells India announced a strategic collaboration with Pixii AS, a Norway-based energy storage technology company, to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market.
Insolation Energy spurts on securing Rs 558-cr order from NTPC Renewable Energy
Insolation Energy zoomed 11.44% to Rs 120.80 after it has received a contract worth Rs 558.29 crore, from NTPC Renewable Energy, a wholly owned subsidiary of NTPC.
NALCO shares in focus on JV with NLC India for 1,080 MW thermal plant in Odisha
National Aluminium Company and NLC India have signed an agreement for a joint venture. This new entity will establish a 1,080 MW captive thermal power plant in Odisha. The plant will supply electricity for NALCO's aluminium smelter expansion project. Partners will also explore renewable energy sourcing and long-term coal supply. Both government-owned companies will hold equal stakes in the proposed joint venture.
Data Centres, AI & EVs to drive peak power demand to 300 GW in '27: Electricity Minister
India's peak power demand is projected to reach 300 GW next year. This surge is driven by expanding data centers, artificial intelligence, and electric vehicles. Energy storage has become a national imperative due to rising demand and renewable energy additions. India targets around 160 GW of storage by 2035, with clear roadmaps. The country requires 888 GWh of energy storage system capacity by 2035-36.
Nalco, NLCIL sign JV pact to set up 1,080 MW captive power plant in Odisha
National Aluminium Company and NLC India have signed a joint venture agreement. They will jointly establish a 1,080 MW thermal captive power plant in Odisha. This new plant will supply essential power to Nalco's aluminium smelter expansion project. The collaboration also aims to explore renewable energy and secure coal supply. This strategic partnership will enhance Nalco's power generation capabilities.

Indian Stock Market Slump Drags Green Energy and Power Stocks Lower on July 8 - SolarQuarter
Indian Stock Market Slump Drags Green Energy and Power Stocks Lower on July 8SolarQuarter