India Energy Storage Alliance (IESA) welcomes the new tax regime under GST 2.0
The India Energy Storage Alliance (IESA) has welcomed the streamlining of the GST rate for all advanced batteries under heading 8507 to a uniform 18%, replacing the earlier regime where lithium-ion batteries were taxed at 18%, while other chemistries attracted a 28% GST.
Reliance Industries Ltd’s battery gigafactory set to begin operations in 2026 with an initial annual capacity of 40 GWh
Reliance Industries Limited (RIL) is set to begin production at its upcoming battery gigafactory in 2026, with an initial annual capacity of 40 GWh. The facility will later be modularly scaled up to 100 GWh per annum, announced Anant Ambani, executive director of RIL, during the company’s annual general meeting recently.
Greenzo Energy secures hydrogen electrolyser order from Engineers India Ltd’s R&D division
Greenzo Energy Ltd, an integrated green hydrogen company, has secured the order for modular hydrogen electrolyser unit from R&D division of Engineers India Ltd (EIL)—a public-sector enterprise under the Ministry of Petroleum & Natural Gas.
Prime minister Narendra Modi unveils vision for energy self-reliance on 79th Independence Day
On the occasion of India’s 79th Independence Day, Prime Minister Narendra Modi unveiled India’s roadmap to energy self-reliance, highlighting key milestones in solar energy and green hydrogen.
Jakson Green wins SECI’s 6th green ammonia auction at record-low price of INR 50.75/kg
Jakson Green has emerged as the successful bidder in Solar Energy Corp. of India’s (SECI) 6th green ammonia auction, securing a capacity of 85,000 tonnes per annum (tpa) at a record-low price of INR 50.75 per kg.
NISE launches support program for renewable energy start-ups
Start-ups developing technologies in fields such as solar energy, green hydrogen, energy storage, distributed renewable energy, small hydro, wind, smart grids, and clean mobility will be supported in the development and commercialization of their innovations.
SECI’s latest auction yields green ammonia price of INR 51.8 per kg
Solar Energy Corp of India (SECI) has discovered a new record-low green ammonia price of INR 51.8 per kg (around $591.25 per metric tonne) in its latest auction. The winning bid was placed by NTPC Renewable Energy Ltd.
JK Srivastava Group, Hynfra join forces to build $4 billion green hydrogen and ammonia hub in Andhra Pradesh
JK Srivastava Hynfra has signed a memorandum of understanding with NREDCAP to develop a green hydrogen and ammonia hub with a capacity to produce up to 1 million tons of green ammonia annually, powered by 3 GW of solar and wind energy. Operations are expected to begin in early 2029.
The Hydrogen Stream: IIT Madras, Hyundai to launch green hydrogen innovation centre
Hyundai Motor India Ltd (HMIL), in collaboration with IIT Madras, will establish a 65,000 sq. ft. green hydrogen innovation centre in Chennai, enabling research, development, and deployment of hydrogen technologies.
AM Green acquires stake in Greenko from ORIX
The stake acquisition enhances AM Green’s upstream integration with Greenko, which runs over 10 GW of renewable and pumped storage assets and is building the world’s largest “Intelligent Energy Storage Cloud Platform.”
