India set for 12-fold increase in energy storage capacity to 60 GW by FY32: SBI Report

Dec 18, 2024

This will surpass the growth anticipated for renewable energy sources themselves. The country's energy storage landscape is evolving rapidly, with the proportion of RE...

NHPC signs MoU with Odisha for solar energy projects

Jun 26, 2023

India's largest hydropower development company NHPC has signed a Memorandum of Understanding with Odisha's GRIDCO for the development of pumped storage projects and renewable...

Centre announces Rs 3,760 crore viability gap funding for energy storage projects

Sep 06, 2023

Keeping in mind the rising demands for energy and to meet its target to achieve 50 pc of the needs through renewable energy, the...

India tilts toward hybrid, storage power projects as solar prices remain low: Nuvama Research

Feb 17, 2026

India's power sector tendering pipeline is now shifting towards hybrid and storage-based projects, reflecting a growing focus on improving energy reliability and supporting renewable...

Central Electricity Authority approves two hydro-pumped storage projects in Maharashtra

Sep 22, 2024

The Central Electricity Authority (CEA) has approved two additional hydro-pumped storage projects (PSPs) in Maharashtra to ensure India's renewable energy goals, the Ministry of...

NHPC, Maharashtra ink MoU for renewable energy projects; Rs 44,000 cr investments expected

Jun 07, 2023

A Memorandum of Understanding (MoU) has been signed between NHPC Limited and Maharashtra government for the development of pumped storage schemes and other renewable...