Cabinet Approves 100 MW Expansion of Goaltore Solar Plant

02 May 2025 CW Team

The West Bengal Cabinet has approved a 100 MW expansion of the Goaltore solar power plant in West Midnapore. Currently producing 112.5 megawatts, the facility is the largest solar plant in eastern India. It was recently inaugurated by Chief Minister Mamata Banerjee. The Rs 6.8 billion expansion project will be supported by Germany’s KfW Bank, which will provide Rs 4.75 billion under an 80:20 funding model. The remaining cost will be borne by the state government. The project is expected to enhance renewable energy output and generate local employment, as it is entirely pollution-free. The initiative aligns with the state’s larger energy goals. West Bengal plans to increase its total power generation capacity to 18,000 megawatts in the coming years. Since 2011, the state's capacity has grown from 2,000 megawatts to 10,000 megawatts. Additionally, five new power projects are underway, forming part of a Rs 480 billion investment strategy aimed at further strengthening the energy sector.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..