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JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha

The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […]

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Mercedes-Benz Launches New Made-in-India Electric SUV

Mercedes-Benz has introduced its second ‘Made In India’ electric car for the country. Christened EQS SUV 580 4MATIC, the EV is priced at Rs 1.41 crore. Produced at the company’s Pune plant, this SUV displays advanced battery technology and features aimed at enhancing sustainability The EQS SUV comes with a large 122-kWh battery that allows […]

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Resentment Among TN MSMEs Against Additional Rooftop Solar Charges

Rooftop solar consumers across Tamil Nadu are now miffed with the additional charges levied by the state unlike many other Indian states which are promoting rooftop solar. The state agencies are now levying network or wheeling charges from the prosumers in the state. In a recent development, several Micro, Small, and Medium Enterprises (MSME) associations […]

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SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance

SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […]

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No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme

The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […]

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UK’s Ilika Solid State Battery Claims Breakthrough in Safety and Innovation

Ilika, a startup specialising in solid state battery technology, has recently reported a major success in safety tests of its Goliath solid-state battery prototype. These tests, conducted by independent assessors at University College London, demonstrated that the safety of the Goliath P1 prototype cell is significantly superior to that of equivalent lithium-ion batteries. The tests […]

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NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS

NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024.  As per the NTPC Vidyut Vyapar Nigam […]

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The Rise Of BESS: The ‘Age of Batteries’ Draws Closer

BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […]

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Honeywell Commissions Microgrid BESS At Lakshadweep

Honeywell Automation India Limited (HAIL) has successfully delivered and commissioned a cutting-edge Battery Energy Storage System (BESS) for the Solar Energy Corporation of India’s (SECI) project in the Lakshadweep Islands. This marks India’s first on-grid solar project to incorporate BESS technology. The Lakshadweep Islands project is a significant step toward the decarbonization of energy supplies […]

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