ONGC, Tata Power Renewable Sign Pact For Battery Energy Storage

14 Feb 2025 CW Team

India's energy Maharatna, Oil and Natural Gas Corporation Limited (ONGC), signed a Memorandum of Understanding (MoU) with Tata Power Renewable Energy Limited (TPREL) to explore new opportunities in the Battery Energy Storage System (BESS) sector. TPREL is a subsidiary of The Tata Power Company Limited. The agreement was signed during the third edition of India Energy Week 2025. This collaboration will focus on several key areas, including large-scale energy storage systems, grid stabilisation, renewable energy integration, hybrid energy solutions, industrial and commercial storage applications, microgrids, backup power solutions, and electric vehicle (EV) charging infrastructure. Both companies aim to use their expertise to drive innovation and growth in the energy storage sector. This partnership also aligns with India's target of achieving 500 GW of non-fossil fuel-based capacity by 2030. Meanwhile, TPREL successfully commissioned India's largest Solar and Battery Energy Storage System (BESS) project -- a 100 MW Solar PV plant with 120 MWh Utility-Scale BESS at Rajnandgaon, Chhattisgarh.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..