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Schaeffler India opens computational research infrastructure at FSID, IISC
Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. Part of Schaeffler India's purposeful engagement with IISC, premium research academia, this supported facility strengthens research capabilities by enabling HPC (High- Performance Computing) large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems, and sustainable mobility. Additionally, these improvements will foster stronger industry collaborations, improved research quality and efficiency, and increased relevance of research in industry projects.
China-like grid planning needed to meet renewable energy goal: MNRE secretary
India aims for 1,800 gigawatts of renewable energy by 2050. Achieving this requires a super grid, similar to China's. The government plans to spend $574 billion by 2030 on high-voltage lines. Enhanced grid infrastructure will address power evacuation challenges. Policymakers are working with states to ensure necessary equipment and storage systems are in place for better renewable energy integration.
Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs
Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases.
Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid
Gujarat has launched battery storage systems totaling 870 MW across five locations to ensure renewable power grid stability. The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.
GE Vernova gets order to supply 9 pumped storage units in India
GE Vernova will supply nine pumped-storage units for Megha Engineering & Infrastructures Limited's Upper Sileru hydropower plant in Andhra Pradesh. This 1.35-gigawatt project, expected by 2030, will be one of India's largest. Pumped storage is vital for grid stability and balancing renewable energy. GE Vernova's work includes design, manufacturing, and commissioning of the units and control systems.
Vijay Kedia buys 44 lakh shares of this smallcap company in March, stock rallies 9% today. Do you own?
Websol Energy Systems shares surged after investor Vijay Kedia emerged in its latest shareholding data with over 1% stake. The development boosted sentiment, driving strong short-term gains. The company also plans to consider a dividend, while long-term stock performance remains volatile despite significant multiyear returns in recent years.
Stocks to Watch for April 22: HCLTech, Persistent systems, Trent, Tata Elxsi and more
From HCLTech reporting Q4FY26 results and declaring a ₹24 interim dividend to Tata Elxsi posting strong sequential growth, here are stocks to watch ahead of Wednesday’s session, including BEML, Trent, JSW Energy and more.
Organic Recycling Systems signs MoU with ITEL, Chennai
Organic Recycling Systems (ORSL) has entered into a strategic Memorandum of Understanding (MoU) with the Immersive Technology and Entrepreneurship Labs Foundation (ITEL), Chennai, to jointly drive research, innovation, and capacity-building initiatives in bio-energy, waste management, and green technologies.
Tracker-mounted solar projects give higher output than fixed-tilt systems: Study
A study by SgurrEnergy and Nextpower found that single-axis solar tracker systems in India generate 15–23% more energy than fixed-tilt installations and deliver higher efficiency across key performance metrics. The analysis, based on projects in Rajasthan, Andhra Pradesh and Madhya Pradesh, showed trackers also improve capacity utilisation and performance ratios while requiring 14–18% lower installed capacity to achieve similar output.
SK On Targets US Energy Storage Market in Shift From EVs
SK Innovation Co.’s battery unit is in talks with multiple American data center and energy developers to supply batteries for energy storage systems, aiming to secure at least 10 gigawatt-hours of contracts in the US this year.
About 6,600 MW nuclear capacity under construction in India
In energy storage systems, 11,620 MW/69,720 MWh Pumped Storage Projects (PSPs) are under construction. A total of 6,580 MW/39,480 MWh capacity of Pumped Storage Projects (PSPs) is concurred and yet to be taken up for construction.
Netweb Technologies ties up with Vertiv to build better cooling systems for AI servers
The integrated liquid-cooled rack stack solutions are designed to enhance overall data center operational and energy efficiency, offering superior thermal performance, optimised power utiliaation, and scalable architectures to support large-scale AI deployments.