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.

Technology

14 May 2025

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

Real Estate

14 May 2025

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

Equipment

14 May 2025

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..