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The Hindu
2 hours ago
- The Hindu
Kishan Reddy seeks CM Revanth's partnership to take up green energy plants under Coal Ministry
Union Minister of Coal & Mines G. Kishan Reddy has urged Chief Minister A. Revanth Reddy to partner with the Central Public Sector Undertakings (CPSUs) under his ministry, including Coal India Limited (CIL) and NLC India Limited (NLCIL), in taking up renewable energy projects, encompassing solar and wind power plants, Pumped Storage Projects (PSP) and Battery Energy Storage Systems (BESS). In an official communication to the Chief Minister, a copy of which was released to the media on Thursday, the Union Minister said these initiatives are projected to attract investments in the range of ₹10,000 crore to TG over the next three years. The proposals are for development of solar power plants utilising Telangana's high solar isolation zones, deployment of advanced BESS systems to enhance grid stability and energy reliability; pre-feasibility studies and implementation of PSPs to provide critical balancing capacity; and formation of joint venture models with State PSUs or on a standalone basis by the coal companies, to ensure faster project execution and maximize local economic benefits. All these proposals and projects would require support in the acquisition or allocation of land by the State Government. They would be instrumental in the reduction of carbon emissions, improved air quality, and sustainable natural resource management, he said. Mr. Kishan Reddy, also the Secunderabad MP, said that the proposals also offer substantial socio-economic dividends, including job creation, skill development, enhanced energy security, and affordable power access, driving inclusive growth and improved quality of life for all. To take these projects to fruition, he has requested that a structured and seamless coordination be established between the State Government and the CPSUs. This can be done with the Chief Minister's 'active and timely engagement' and interventions in ensuring swift and effective implementation of these projects. 'Your leadership in this matter can serve as a model for constructive Centre-State cooperation in building a greener and self-reliant future,' he said. Telangana's substantial renewable energy potential and the Central Government's unwavering commitment to green growth, offers an opportunity to accelerate the State's economic development and position the State as a key contributor to India's sustainable energy transition, he pointed out.
Time of India
3 hours ago
- Time of India
Prostarm Info Systems to invest $2.9 mn in 1.2 GWh battery energy storage plant in Haryana by 2026
Prostarm Info Systems , a Mumbai-based power infrastructure developer, is set to establish a 1.2 GWh battery energy storage system (BESS) manufacturing plant in Jhajjar, Haryana , by the end of the financial year 2026. An investment of ₹25 crore ($2.9 milion) is earmarked for the project to cater to commercial, industrial, and utility-scale applications, driven by the increasing demand for energy storage solutions in India . The plant will be located at the Reliance Model Economic Township and operate under a nine-year land lease. This development follows a significant increase in India's BESS installations, with over 341 MWh added in 2024, Mercom reports. BESS manufacturing facility The new BESS manufacturing facility will cater to both commercial and industrial, as well as utility-scale applications. The plant is expected to be commissioned by the end of the financial year 2026. The facility entails the setting up of plant and machinery, office infrastructure, heating, ventilation, and air conditioning systems, power capacity upgrades, and anti-static flooring. It also includes warehousing and other essential infrastructure to enable high-end assembly and integration. Prostarm provides services in design, manufacture, assembly, sale, and service of energy storage and power conditioning equipment. It has a product portfolio comprising UPS systems, inverters, lift inverters, solar hybrid inverters, lithium-ion battery packs , servo-controlled voltage stabilisers, and isolation transformers. The company also undertakes engineering, procurement, and construction projects in the rooftop solar space across India. Recently, Prostarm Info Systems won a capacity of 30 MW/120 MWh in Bihar State Power Generation Company 's auction to set up a standalone BESS of a cumulative capacity of 125 MW/500 MWh.
Time of India
3 hours ago
- Time of India
Union Minister Kishan Reddy writes to Telangana CM on tie-up for renewable energy projects
Hyderabad: Union Minister G Kishan Reddy has written to Chief Minister A Revanth Reddy, stating that Central Public Sector Undertakings (CPSUs) under the Ministry of Coal are ready to partner with the state government to implement key renewable energy projects. In his letter on July 16, Kishan Reddy said that PSUs such as Coal India Limited (CIL) and Neyveli Lignite Corporation India Limited (NLCIL) are prepared to collaborate with Telangana on projects including solar and wind power plants, Pumped Storage Projects (PSPs), and battery energy storage systems (BESS), which are expected to attract investments of nearly ₹10,000 crore over the next three years. These projects would play a vital role in reducing carbon emissions, improving air quality, and ensuring sustainable natural resource management, the letter said. They also promise significant socio-economic benefits, such as job creation , skill development, enhanced energy security, affordable power access, inclusive growth, and an improved quality of life, it added. "To bring these projects to fruition, I request that a structured and seamless coordination mechanism be established between the state government and the CPSUs. Needless to say, your active and timely engagement will be instrumental in ensuring the swift and effective implementation of these projects," the union minister further said. Given Telangana's considerable renewable energy potential and the central government's strong commitment to green growth, this collaboration presents an opportunity to accelerate the state's economic development and position it as a key player in India's sustainable energy transition . The developmental synergy between the central and state governments is critical to achieving long-term national priorities such as energy security and climate resilience, while also fostering economic well-being and growth, Kishan Reddy noted.
