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Powertrac Breaks Ground on 10 GWh BESS Manufacturing Facility in Gujarat

Powertrac Group has marked a significant milestone in India’s energy storage manufacturing sector with the groundbreaking of its planned 10 GWh Battery Energy Storage System (BESS) manufacturing facility in Ahmedabad, Gujarat. The proposed facility is designed to support capabilities across the battery manufacturing value chain, including cell-to-pack manufacturing and pack-to-container integration. The project is expected…

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Tata Power Floats Tender for 50 MW/100 MWh BESS to Strengthen Mumbai’s Power Distribution

Tata Power has floated a tender for the procurement of 50 MW/100 MWh of Battery Energy Storage System (BESS) capacity to support its Mumbai electricity distribution network. The tender is structured for the procurement of BESS power for a 15-year period through a tariff-based competitive bidding process, according to currently available tender listings. The project…

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Exide Industries Invests ₹200 Crore in EESL for Lithium-Ion Cell Manufacturing

Exide Industries Limited has invested ₹199.99 crore in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights-based equity subscription. The investment will support the development of EESL’s greenfield, multi-gigawatt lithium-ion cell manufacturing facility in Bengaluru, Karnataka.  The investment was completed on August 18, 2026, with EESL allotting 57,142,857 equity shares to Exide…

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