Bihar Clears Draft Policy To Boost Pumped Storage Projects
Bihar Deputy Chief Minister Samrat Choudhary announced that the draft of the Bihar Pumped Storage Project Promotion Policy 2025 has been approved to promote Pumped Storage Projects (PSPs) in the clean energy sector and ensure grid stability through effective energy storage solutions.Choudhary noted that with the rising share of renewables—including solar, wind, and biomass—maintaining grid stability has become a growing challenge. Pumped storage, he said, has emerged as a dependable solution to ensure energy availability during peak demand.He further highlighted that the National Electrici..
DP World, DPA, Nevomo To Pilot MagRail Cargo System
DP World, Deendayal Port Authority (DPA), and Nevomo have signed a Memorandum of Understanding (MoU) to explore autonomous magnetic rail freight movement within Indian port ecosystems using Nevomo’s proprietary MagRail technology.The agreement aims to develop a 750-metre pilot project at Deendayal Port, deploying self-propelled rail-based cargo movement to improve operational efficiency and modernise port logistics.The MoU was signed by Sushil Kumar Singh, Chairman of Deendayal Port Authority; Rizwan Soomar, CEO & MD for Middle East, North Africa, and India Subcontinent at DP World; and ..
Crown LNG, PIL Ink Deal for Kakinada Gas Pipeline Link
Pipeline Infrastructure Ltd (PIL) and Crown LNG Holdings Ltd have signed a Memorandum of Understanding (MoU) to establish pipeline connectivity between Crown LNG’s proposed 7.2 million tonnes per annum gravity-based LNG terminal in Kakinada, Andhra Pradesh, and PIL’s existing natural gas pipeline network.The agreement, signed on 10 July by PIL MD Akhil Mehrotra and Crown LNG CEO Swapan Kataria, aims to link the regasification unit (GBSRU) with PIL’s injection point in Kakinada. This connection is expected to facilitate the evacuation of around 25 million standard cubic metres per day of ..
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