logo
Tata Power Renewable bags 30 MW/120MWh battery energy storage project from NHPC

Tata Power Renewable bags 30 MW/120MWh battery energy storage project from NHPC

News1818-07-2025
Last Updated:
New Delhi, Jul 18 (PTI) Tata Power Renewable Energy Ltd (TPREL) has bagged a 30 MW/120 MWh battery energy storage project from state-owned NHPC.
The project has been secured under NHPC's BESS Tranche-I tender through a competitive bidding route for Kerala State Electricity Board Ltd — the end-user of the Battery Energy Storage System (BESS) asset, TPREL said in a statement on Friday.
The project involves setting up a 30 MW / 120 MWh battery storage system at the 220 kV substation in Kerala. This means 30 MW of storage can provide back up of up to four hours.
This is its first Battery Energy Storage Purchase Agreement (BESPA), TPREL said.
It will operate under a 12-year BESPA. The project is slated for commissioning within 15 months, positioning storage as a key enabler of round-the-clock renewable power and grid resilience.
The project will play a vital role in addressing peak power demand, enhancing grid flexibility, and enabling seamless integration of renewable energy in Kerala.
It is part of NHPC's broader initiative to develop 125 MW / 500 MWh of standalone battery storage capacity in the state of Kerala, under a Tariff-Based Competitive Bidding framework supported by Viability Gap Funding.
With this addition, TPREL's total renewable capacity now stands at approximately 10.9 GW, including 5.6 GW of operational projects, 4.6 GW of solar and 1 GW of wind, and 5.3 GW under various stages of development. PTI ABI DRR
view comments
First Published:
July 18, 2025, 13:00 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

SFT Lapses: Real Estate Deals Worth Crores Go Unreported
SFT Lapses: Real Estate Deals Worth Crores Go Unreported

Time of India

time5 hours ago

  • Time of India

SFT Lapses: Real Estate Deals Worth Crores Go Unreported

Nagpur: A deeper probe into a Statement of Financial Transaction (SFT) lapse has revealed that real estate transactions worth nearly ₹100 crore were not reported to the Income Tax (I-T) department by the property sub-registrar's office (SRO). At least a dozen high-value property deals amounting to around ₹50 crore were registered at the SRO in Hingna but were omitted from the mandatory SFT filing, according to sources. The scale of the oversight has prompted the police to join the investigation to examine possible links to organised land syndicates or 'land sharks', the sources added. "The police will now analyse the transaction data for any signs of criminal conspiracy or money laundering," said a senior official aware of the development. On its part, the Income Tax department is now preparing to delve deeper into the backgrounds of both buyers and sellers involved in the deals. "Even if the transactions were routed through the banking system and reflected in tax returns, the absence of reporting by the SRO is a serious issue. It suggests a possible deliberate attempt to avoid tax scrutiny," said a source. Typically, if property deals are disclosed in the tax returns of concerned parties, no further investigation is warranted. However, in this case, the very failure to report the transactions in the SFT has triggered suspicion of potential tax evasion. "It's highly unlikely that transactions of ₹50 crore or ₹100 crore could have been missed unintentionally," the source added. As per income tax rules, all property sub-registrars are required to report transactions of ₹30 lakh and above under the SFT framework to ensure that the details are also reflected in the I-T department's monitoring systems. This allows the department to flag any inconsistencies or omissions in the tax returns. Explaining the scope of the SFT framework, Chartered Accountant Nitesh Agrawal said: "Apart from property transactions of ₹30 lakh or more, several other financial activities must be mandatorily reported under SFT. These include cash deposits of ₹10 lakh or more in savings accounts, fixed deposits of the same amount made in cash, purchase of shares or securities worth ₹10 lakh and above, credit card repayments of ₹1 lakh or more in cash, and purchases of foreign currency exceeding ₹10 lakh. " The lapse at the Hingna SRO has now brought the spotlight back on compliance lapses in real estate documentation — a sector already under the scanner for high-value transactions and potential avenues for black money circulation.

RICH Alliance: Trump's Tariff War Backfires? Russia Backs India And Hints At Emerging Ties With China
RICH Alliance: Trump's Tariff War Backfires? Russia Backs India And Hints At Emerging Ties With China

India.com

time7 hours ago

  • India.com

RICH Alliance: Trump's Tariff War Backfires? Russia Backs India And Hints At Emerging Ties With China

While U.S. President Donald Trump has reportedly stated that he will "substantially" increase tariffs on India, New Delhi has made it clear that it will not yield to pressure. Meanwhile, Russia has also pushed back against Washington's move. Former U.S. Secretary of State Henry Kissinger once famously said, 'Being America's enemy may be dangerous, but being its friend is fatal.' That sentiment seems to be playing out in real time as the relationship between India and the US may be emerging into a diplomatic turning point. In today's DNA episode, Managing Editor of Zee News, Rahul Sinha, analysed a possible alliance between India, Russia, and China: Watch Full DNA Episode Here: #DNAWithRahulSinha | वर्ल्ड ऑर्डर बदला.. यूएस का 'दबदबा' गया! 'मिशन RICH'..ट्रंप के लिए कितना घातक?#DNA #India #USA #DonaldTrump #TarrifWar@RahulSinhaTV — Zee News (@ZeeNews) August 5, 2025 In a strong statement, Russian Foreign Ministry spokesperson Maria Zakharova accused the U.S. of using tariffs as a tool to dominate other nations. She said countries that chose a different path from Washington were being economically pressured and that Russia supports a multipolar and equitable world order. This, she added, is why Russia stands with India—and even with China—against America's hegemonic approach. Zakharova further claimed the U.S. is reacting out of frustration as it struggles to accept its diminishing influence in the new world order. According to her, tariffs and sanctions will not stop the shift toward a new global structure. Zakharova also suggested, a new alliance could be on the brink after the US' tariffs announcement. This emerging alignment between Russia, India, and China could reshape the global balance of power. The question now being asked: Has Donald Trump's aggressive trade policy inadvertently triggered the rise of a powerful R-I-C-H bloc? What Is 'RICH'? A new alliance named 'RICH'—short for Russia, India, and China—could pose an even greater challenge to the United States than the BRICS. The acronym itself, symbolizing 'wealth and prosperity,' hints at a formidable coalition. While Russia has previously called for stronger India-Russia-China cooperation, current global tensions and Trump's policies may make this partnership more realistic than ever before. 'RICH' vs America GDP Power: America has a GDP of US Donald 28 trillion (Rs. 23 lakh crore), but the combined GDP of Russia, India, and China is close behind at Rs. 21 lakh crore. Population Power: Together, India, China, and Russia are home to nearly 3 billion people—about 37 percent of the world's population—far surpassing the U.S., which has just 330 million people or 4 percent of the global total. Military Strength: The combined military strength of the three nations is 4.8 million troops, compared to America's 1.3 million. Even when factoring in NATO allies, the numbers still tilt heavily toward the RICH bloc. Nuclear Arsenal: RICH nations possess approximately 6,300 nuclear weapons, compared to America's 5,200. Defense Capabilities, Self-Sufficiency While the U.S. remains the world's largest arms producer, Russia and China also rank among the top global arms manufacturers. India, too, is rapidly advancing toward self-reliance in defense production. Together, the three countries could pose a significant challenge to NATO on land, at sea, and in the air. However, experts caution that military confrontation between global powers could have catastrophic consequences, making economic and diplomatic battles more likely. Notably, these countries are also resource-rich and largely self-sufficient: Energy: Russia holds vast reserves of oil, gas, and coal and is a major exporter of fossil fuels. India is advancing in nuclear and solar energy, while China leads globally in the manufacture of solar panels and wind turbines. Natural Resources: Russia has significant reserves of titanium, nickel, cobalt, and uranium. China accounts for over 60 percent of global rare earth metal production. India, meanwhile, is rich in bauxite, iron ore, graphite, and manganese. Agriculture: India is the world's largest producer of milk and pulses. Russia leads in wheat exports, while China excels in agricultural machinery and food production. In short, if united, these three nations would have little need for external support in energy, food, or defense. Strategic Shifts and Diplomatic Openings While deep mistrust exists between India and China, recent developments suggest that the gap may be narrowing. India's National Security Advisor (NSA) Ajit Doval is set to visit China this month, followed by a trip by External Affairs Minister (EAM) S. Jaishankar. These diplomatic engagements, possibly accelerated by Trump's confrontational tactics, may help bridge long-standing divides.

SC upholds environment ministry notification, junks exemption clause for big projects
SC upholds environment ministry notification, junks exemption clause for big projects

Hindustan Times

time7 hours ago

  • Hindustan Times

SC upholds environment ministry notification, junks exemption clause for big projects

New Delhi, Aug 5 (PTI) The Supreme Court on Tuesday upheld the January 29 notification of the Ministry of Environment, Forests and Climate Change, but struck down the contentious clause exempting certain large building and construction projects from prior environmental clearance. The Supreme Court order said it would not be possible for the union ministry to consider projects across the country and therefore the issue could be considered on a state-to-state basis(Vipin Kumar/Hindustan Times) A bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran held projects with a built-up area above 20,000 square meter, whether industrial, educational, or otherwise, cannot be exempted from the environment impact assessment (EIA) 2006 regime. The court clarified that the notification would also apply to Kerala. Dictating the order, the CJI said, 'It has been consistently held that natural resources are to be held in trust for the next generation. At the same time, courts have always taken note of development activities and the country cannot progress without it.' Observing the apex court had always focused on sustainable development, the CJI said, 'The court while ensuring that development is permitted has also required precaution to be taken so that least damage is caused to the environment and has even ordered costs to be paid for such development activities.' Also Read: Over 70,000 housing units stalled across MMR amid green clearance hurdle The order said it would not be possible for the union ministry to consider projects across the country and therefore the issue could be considered on a state-to-state basis. 'If any construction activity in any area more than 20,000 sq km is carried out it will have environmental impact even if it's for industrial or educational purposes and discrimination cannot be made with similar such institutes,' it said. It also said that no exemption can be granted to the education sector in this regard. Also Read: Mumbai sees redevelopment projects worth ₹18,000 crore amid signs of softening sales: Here's what you need to know 'Nowadays education has also become a flourishing industry and thus no reason to exempt such projects from the 2006 notification,' the CJI said. The bench upheld the notification except clause 8 of the January 29 notification which grants exemptions to industrial sheds, schools, colleges, and hostels with built-up areas up to 150,000 square meter. The bench said it was impractical for the MoEFCC to appraise every project nationwide, noting the Central Expert Appraisal Committee (CEA) could handle state-wise evaluations. On February 25, the top court stayed the notification on a PIL filed by Mumbai-based NGO Vanashakti, which argued that the exemption diluted the EIA's safeguards and threatened eco-sensitive zones. Senior advocate Gopal Sankaranarayanan, appearing for the NGO, said similar attempts in 2014, 2016, and 2018 had been struck down or stayed by courts, including the Kerala High Court, the National Green Tribunal, and the Delhi High Court. The petition claimed that bypassing EC for projects of such magnitude, exceeding 1.6 million square feet, would cause irreversible damage to land, water, and air quality, violating the precautionary principle entrenched in Indian environmental law. Also Read: Over 25,000 buildings in Mumbai Metropolitan Region eligible for redevelopment with ₹30,000 cr value: CREDAI-MCHI Before the January 29 amendment, EIA 2006 required EC for all construction projects above 20,000 sq m The impugned notification raised the threshold to 150,000 sq m for certain categories and also removed 'general conditions' applicable in eco-sensitive and polluted areas. A follow-up office memorandum on January 30 expanded the scope of exemptions to include private universities, warehouses, and industrial sheds housing machinery or raw material.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store