Tata Power will deploy US-based AutoGrid’s software application for electricity load management in Mumbai. It aims to engage 55,000 residential consumers and 6,000 large C&I customers to achieve 75 MW of peak capacity reduction within the first six months. It also plans to scale up the capacity reduction to 200 MW by the summer of 2025.

Coal India Ltd arm CIL Navikarniya Urja Ltd has tendered the engineering, procurement, and construction work for 35 MW (AC) of solar plants for captive consumption by Eastern Coalfields Ltd (ECL). The plants will come up at three locations of ECL in West Bengal. Bidding closes on February 22.

The budget signifies the government’s intent to drive domestic manufacturing of lithium battery cells as it waives customs duty on the import of machinery required for manufacturing these cells. It also continues with nil customs duty on critical inputs for solar manufacturing. The budget also aims to support large-scale battery storage projects through viability gap funding.

The Mumbai-headquartered natural resources company will invest INR 444 crore ($54.23 million) in 691 MW of renewable energy projects to power its aluminum, copper and oil & gas operations across India. It will implement these captive projects through special-purpose vehicles formed with Serentica Renewables.

Rays Power Infra has signed an agreement with the Rajasthan government to build a 1.8 GW solar park in the state with an estimated investment of INR 9,140 crore.

Electric vehicles (EV) sales in India soared 212% year-on-year to surpass one million mark in 2022.

State-run hydropower producer THDC has formed a 74:26 joint venture with Rajasthan Renewable Energy Corp. Ltd to develop 10 GW of renewable energy projects in Rajasthan. The JV partners also plan floating solar and pumped hydro storage projects in the state.

Gujarat-based Borosil Renewables has started trial production from its third solar glass furnace, raising its capacity in India to 1,000 tons per day (tpd). Its cumulative solar glass capacity has reached 1,300 tpd, which includes 300 tpd in Germany added through the acquisition of Interfloat Group.

Abu Dhabi-based International Holding Company (IHC) has subscribed to 16% of Adani Enterprises $2.5 billion Further Public Offering. This is IHC’s second investment deal completed with Adani Group after last year’s $2 billion investment in Adani Green Energy, Adani Transmission, and Adani Enterprises.

The 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra will supply clean power to commercial and industrial (C&I) customers in the state.