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.
Premier Energies commissions 5.6 GW solar module plant in Telangana
Premier Energies commissioned a significant 5.6 GW solar module facility in Telangana. The company also began construction for a 6 GWh battery storage system. This expansion increases Premier Energies' module manufacturing capacity to 11.1 GW. These new projects aim to strengthen India's clean-energy ecosystem and supply chain. The company is also investing heavily to become an integrated solar manufacturer.
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.
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.
Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMG
India's ethanol use is evolving beyond simple blending. It is set to become a key transport energy source. This will help manage fluctuating global fuel prices. An adaptive fuel system, varied distribution, and flex-fuel vehicles are crucial. This shift aims to enhance energy security and reduce reliance on external price volatility.
Payal Industrial Park, Fourier partner on hydrogen energy storage pilot
Payal Industrial Park is partnering with Fourier, an energy startup. They will deploy a hydrogen-powered energy storage system in Dahej, Gujarat. This collaboration aims to provide industries with reliable, 24/7 clean electricity. The system generates hydrogen on-site, reducing costs and logistics. This initiative supports India's green hydrogen goals and offers energy independence for industrial parks.
Bondada receives its second order worth Rs 816 cr from NTPC Group
Bondada Engineering has received a prestigious Notification of Award (NOA) from NTPC Green Energy for execution of Balance of System (BOS) works for a 600 MW for Block - 1 & Block - 3 Solar PV Project at Fatehgarh, Rajasthan.
GAIL inks long-term LNG carrier deal with Alpha Gas to boost shipping
The LNG carrier 'Energy Fidelity' has a cargo capacity of 174,000 cubic meters and features a two-stroke propulsion system along with air lubrication technology and shaft generators aimed at improving fuel efficiency and reducing emissions.
Momentum Stocks: Oracle Financial, KIMS, Marico, Delhivery, Federal Bank hit 52-week high
Waterways Leisure Tourism, Vedanta Iron and Steel, Websol Energy System, Veljan Denison among others were locked in their upper circuits.