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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.
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.
India's first hydrogen train to roll out on July 17, regular service date awaited
Prime Minister Narendra Modi will flag off India's first hydrogen train on July seventeenth. This new train will travel eighty-nine kilometers between Jind and Sonipat in two hours. The hydrogen train will make stops at twelve intermediate stations along its route. Regular passenger service commencement date is yet to be finalized by Northern Railway. The train uses hydrogen fuel cells to generate traction power instead of diesel.
Adani Power, Adani Green, Adani Ports to Adani Enterprises: Gautam Adani group stocks rise up to 5%. Do you own any?
Adani Total Gas led the gains, surging more than 5%. Adani Green Energy and Adani Energy Solutions advanced over 3% each, while Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Ambuja Cements and ACC gained more than 2% each.
Power supply advisory to states, utilities likely soon
The power ministry will issue an advisory to states and utilities. This advisory focuses on strengthening preparedness for erratic weather conditions. Utilities will be directed to maintain adequate coal and water supplies. Preventive maintenance will also be completed to minimise power outages. Peak demand is projected to remain high over the next three months.
AI redraws office demand dynamics as GCCs power India's leasing market
Global Capability Centres and flexible workspaces are now driving India's office real estate demand. Third-party IT services firms are reducing their office space leasing significantly. Overall office transactions remain strong despite global economic uncertainties and disruptions. AI is transforming occupier requirements, shifting focus to capability over cost. India's deep talent pool and favorable business environment support sustained office demand.
Maruti Suzuki installs 1 MWh battery storage system at Kharkhoda facility
Maruti Suzuki commissioned a one MWh Battery Energy Storage System at its Kharkhoda facility. This system stores surplus solar power generated during low-demand periods. The new BESS will help stabilize the local electricity grid effectively. This initiative aligns with India's focus on building self-reliant energy ecosystems. The company remains committed to lowering emissions despite increasing production volumes.
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Sinopec unit signs engineering deal for Central Asia's first large-scale integrated biojet fuel complex
Sinopec Engineering will design Central Asia's first large-scale sustainable aviation fuel complex. This project in Uzbekistan will produce biomass-based SAF and e-SAF. The complex will utilize sorghum, rice husks, and straw as its primary feedstock. Solar power will serve as the main electricity source for the plant. This initiative supports Sinopec's low-carbon energy goals and Uzbekistan's aviation hub ambitions.
Maruti Suzuki commissions 1 MWh battery energy storage system at Kharkhoda plant
Maruti Suzuki commissioned a 1 MWh Battery Energy Storage System at its Kharkhoda plant. This system integrates into the plant's internal electricity distribution network as a pilot project. The battery storage will store excess solar power generated during low-demand periods. This initiative helps improve renewable energy utilization and reduce carbon emissions annually. The company remains committed to lowering emissions despite increasing production volumes.
TD Power Systems Ltd leads gainers in 'A' group
Paras Defence and Space Technologies Ltd, Welspun Corp Ltd, Allied Blenders & Distillers Ltd and Lloyds Engineering Works Ltd are among the other gainers in the BSE's 'A' group today, 06 July 2026.
Kirloskar Oil Engines shares snap six-day losing streak after BofA Securities projects 26% upside
Kirloskar Oil Engines is now focused on executing its first hyperscaler project successfully, which Kirloskar said will help win more business in one of the fastest growing markets for power generation equipment.