JSW Energy to Operationalise 5 GWh Battery Plant in Pune by Q3 FY26

29 Oct 2025 CW Team

JSW Energy is set to operationalise its 5 gigawatt-hour (GWh) battery assembly plant in Pune, Maharashtra, by the third quarter of FY26. The plant, which is dedicated to supporting Battery Energy Storage Systems (BESS), aims to meet the growing demand for energy storage and comply with future domestic content requirements for BESS.

The company’s Joint Managing Director and CEO, Sharad Mahendra, shared that trial runs for its green hydrogen project at Vijayanagar, with a capacity of 3,800 tonnes per annum, are nearing completion, and commissioning is expected soon.

For the July-September 2025 quarter, JSW Energy reported a 59 per cent year-on-year increase in total revenues, reaching Rs 53.6 billion. However, its consolidated net profit declined by over 17 per cent to Rs 7.05 billion.

JSW Energy’s total locked-in storage capacity stands at 29.4 GWh, with agreements for 25.2 GWh of storage capacity. The company aims to achieve 30 GW of generation capacity and 40 GWh of storage by 2030.

Infrastructure Urban

12 Nov 2025

Lemon Tree Opens Sixth Hotel in Kerala

Lemon Tree Hotels, India’s fastest-growing mid-scale and premium hotel chain, has announced the opening of its latest managed property — Lemon Tree Premier, Thiruvananthapuram.This marks the brand’s sixth property in Kerala and further strengthens its growing footprint across southern India.Strategically located in the heart of the state capital, Lemon Tree Premier, Thiruvananthapuram offers easy access to major business districts, government offices, and cultural landmarks. The city — known for its rich heritage, iconic Padmanabhaswamy Temple, scenic beaches such as Kovalam, and growi..

NALCO Reports Record Q2 & H1 FY26 Performance

National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has reported its best-ever quarterly and half-yearly physical and financial performance in FY 2025–26.For the quarter ended September 2025 (Q2 FY26), NALCO’s net profit surged 35 per cent year-on-year to Rs 14.33 billion, compared to Rs 10.62 billion in the same period last year. The company’s total income from operations rose 7.2 per cent to Rs 42.92 billion, reflecting robust operational performance and supportive market conditions.For the first half of FY26, NALCO’s net profit jumpe..

SDHI to Build Six Tankers for Norway’s Stenersen

Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a Letter of Intent (LoI) with Norwegian ship owner Rederiet Stenersen AS for the construction of six IMO Type II chemical tankers, each with a capacity of 18,000 DWT.Valued at approximately $220 million, the LoI represents a landmark achievement for India’s shipbuilding exports, with an option to build an additional six vessels under the same class. The ships will be built at SDHI’s state-of-the-art shipyard in Pipavav, Gujarat, designed by Marinform AS, Norway, and classed by..