India’s FY2027 budget shifts focus from renewable deployment to manufacturing, but execution challenges persist, says Wood Mackenzie
Clean energy spending rises 40% to $5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing. However, execution delays and underutilisation of allocated funds could limit the near-term impact, according to an analysis by Wood Mackenzie.
SJVN Ltd’s 250 MW/500 MWh BESS tender yields a tariff of INR 1.97 lakh/MW/month
SJVN Ltd’s tender for setting up 250 MW/500 MWh of standalone battery energy storage systems (BESS) in Haryana has discovered a tariff of INR 1.97 lakh/MW/month. Hardi Hydro Energy secured the full capacity at the quoted price.
Advait Energy begins work on 50 MW/100 MWh BESS project for GUVNL
Advait Energy Transitions has commenced execution of a 50 MW/100 MWh battery energy storage system (BESS) project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL). It had secured the project under GUVNL’s Phase IV BESS tender on a build-own-operate (BOO) basis.
Advait Energy Transitions emerges L1 bidder for 150 MW/300 MWh standalone battery energy storage project from GUVNL
Advait Energy Transitions Ltd has emerged as the lowest bidder for a 150 MW/300 MWh capacity under Gujarat Urja Vikas Nigam Ltd’s (GUVNL) tender for setting up 335 MW/670 MWh of standalone battery energy systems in Gujarat.
World’s first 628 Ah grid-scale battery enters operation
EVE Energy says a 200 MW/400 MWh battery energy storage project in China has entered operation, which it describes as the world’s first utility-scale deployment of 628 Ah lithium iron phosphate (LFP) cells.
Amara Raja Energy & Mobility to set up US arm with $5 million investment
Amara Raja Energy & Mobility’s Board of Directors has approved the incorporation of a wholly owned subsidiary in the US for strengthening the company’s customer servicing capabilities and facilitating global business expansion.
GUVNL’s 335 MW/670 MWh battery storage tender under VGF scheme yields INR 2.10 lakh/MW/month tariff
Gujarat Urja Vikas Nigam Ltd. (GUVNL) has concluded its tender for 335 MW/670 MWh of standalone battery energy storage system (BESS) capacity, discovering a tariff of INR 2.10 lakh per MW per month.
Energy Vault secures 1.5 GWh sodium-ion supply for AI
Switzerland-based Energy Vault has secured an initial 1.5 GWh of sodium-ion battery supply from Peak Energy to develop integrated storage systems for artificial intelligence-focused data centers.
AMPIN Energy Transition wins 199 MW in SECI FDRE auction
To meet the peak-hour supply requirement, AMPIN Energy Transition will pair the contracted 199 MW solar capacity with around 800 MWh battery energy storage system (BESS).
Advait Energy Transitions posts consolidated revenue of INR 486.33 crore for 9MFY26
Advait Energy Transitions Ltd has reported strong financial performance for the third quarter and first nine months of FY26, driven by execution momentum across its power transmission solutions and new & renewable energy businesses.
