Adani Total Gas Clarifies Battery Project Not Its Own

17 Nov 2025 CW Team

Adani Total Gas Ltd has issued a clarification stating that the recent news report on Adani’s plan to set up India’s largest battery storage facility in Gujarat does not relate to its business operations.

In a regulatory filing, the company said: “The news article titled ‘Adani plans India’s biggest battery storage in Gujarat’ does not pertain to the operations or business activities of the Company.”

On Tuesday, the Gautam Adani-led Adani Group announced its entry into the battery energy storage systems (BESS) sector with a 1,126 MW / 3,530 MWh project at Khavda in Gujarat, home to the world’s largest renewable energy park.

Set to become India’s biggest and one of the world’s largest single-site BESS installations, the project is expected to be commissioned by March. The site will house more than 700 BESS containers and will incorporate advanced energy management systems to improve efficiency and reliability.

The Adani Group said the initiative represents a significant step in India’s clean energy transition, supporting reduced transmission congestion, easing peak load pressures and lowering solar curtailment—key hurdles in large-scale renewable integration. The conglomerate has not disclosed the investment outlay for the project.

Gautam Adani said energy storage is central to a renewable-led future, noting that the project sets new global standards while reinforcing the group’s commitment to India’s energy independence and sustainability.

Following this flagship deployment, the group aims to scale storage capacity to 15 GWh by FY27 and 50 GWh within five years, positioning itself as a major global player in clean energy storage.

Shares of Adani Total Gas Ltd rose by 1.36 per cent to close at Rs 621.10 on Wednesday on the BSE.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..