Tata Power Gets Storage Nod

10 Apr 2025 CW Team

Tata Power has received regulatory approval to deploy a 100 MW Battery Energy Storage System (BESS) in Mumbai, a significant move to strengthen the city's power reliability and accelerate the transition to clean energy. The Maharashtra Electricity Regulatory Commission (MERC) has sanctioned the project, recognising its role in addressing power demand surges and grid balancing.

The BESS will support Mumbai’s electricity grid by storing excess renewable energy during off-peak hours and releasing it when demand peaks. This flexibility will help reduce blackouts, improve grid resilience, and ensure efficient energy utilisation, particularly during high-consumption periods like summers or major events.

This initiative marks one of India’s most substantial urban battery storage deployments to date and reflects Tata Power’s commitment to sustainable infrastructure and innovation. It also aligns with India’s broader goal of integrating renewable energy sources such as solar and wind into the mainstream energy mix.

With this project, Tata Power is expected to further consolidate its position as a leader in clean energy solutions while contributing to Mumbai’s ambition of becoming a green and energy-secure metropolis. The system is poised to set a benchmark for other cities exploring similar sustainable energy models.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..