
Tata Power secures first battery energy storage purchase agreement from NHPC
(
TRPEL
), a subsidiary of Tata Power has signed its first 30 MW
Battery Energy Storage Purchase Agreement
(BESPA) with
NHPC
.
This project involves setting up a 30 MW / 120 MWh
battery storage system
at the 220 kV substation for Kerala State Electricity Board Ltd.
Explore courses from Top Institutes in
Select a Course Category
Project Management
Management
PGDM
Data Analytics
MBA
Others
Public Policy
CXO
others
Technology
Design Thinking
Leadership
MCA
Degree
Healthcare
Finance
Data Science
healthcare
Product Management
Digital Marketing
Operations Management
Data Science
Artificial Intelligence
Cybersecurity
Skills you'll gain:
Project Planning & Governance
Agile Software Development Practices
Project Management Tools & Software Techniques
Scrum Framework
Duration:
12 Weeks
Indian School of Business
Certificate Programme in IT Project Management
Starts on
Jun 20, 2024
Get Details
Skills you'll gain:
Portfolio Management
Project Planning & Risk Analysis
Strategic Project/Portfolio Selection
Adaptive & Agile Project Management
Duration:
6 Months
IIT Delhi
Certificate Programme in Project Management
Starts on
May 30, 2024
Get Details
The project will play a vital role in addressing peak power demand, enhancing grid flexibility, and enabling seamless integration of
renewable energy
in Kerala, the company said in a release.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Do you have a mouse?
Desert Order
Undo
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.
This purchase agreement, implemented under Ministry of Power guidelines, will operate under a 12-year BESPA. The battery storage system is slated for commissioning within 15 months, positioning storage as a key enabler of round-the-clock renewable power and grid resilience.
Live Events
This project marks TPREL's first purchase agreement in the standalone
BESS
segment. With this addition, TPREL's total renewable capacity now stands at approximately 10.9 GW, including 5.6 GW of operational projects, comprising 4.6 GW of solar and 1 GW of wind, and 5.3 GW under various stages of development.
The company is already operating a Solar and BESS project in Rajnandgaon, Chhattisgarh, with 100 MW solar photovoltaic plant integrated with a 120 MWh battery energy storage system, developed under an EPC contract awarded by the Solar Energy Corporation of India Limited.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
35 minutes ago
- Time of India
₹21,000 a month for nursery, says viral post: Netizens ask if Hyderabad schools now outprice Dubai
(AI Image) For India's aspiring middle class, selecting a school is no longer a proud rite of passage; it's a high-stakes financial gamble. And alarmingly, that gamble doesn't begin in college or high school, but in the nursery classroom itself. That's what a recent viral post suggests. The X (formerly Twitter) post sharing a photo of the annual fee structure of a private school in Hyderabad has triggered widespread outrage online, not just for its eye-popping numbers, but for what it represents. Shared by Anuradha Tiwari, founder of the Dharma Party of India, the post revealed that the school charges ₹2.51 lakh annually for nursery admission, effectively ₹21,000 per month. The post has reignited a national conversation on the cost of early education and the unchecked rise of private school fees in urban India. Tiwari's scathing caption struck a chord across social platforms such as Instagram: "Now, learning ABCD will cost you ₹21,000 per month. What are these schools even teaching to justify such a ridiculously high fee?" And just like that, the debate on affordability, regulation, and parental burden exploded. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo Not a school, a business? As the post gained traction, many users expressed disbelief, questioning the moral and legal logic behind such steep pricing for pre-primary education. 'I hope you can understand now why the school is so greedy, they are running a private school, and not a school,' wrote one user, capturing the sentiment of thousands who see this not as an isolated incident, but as part of a systemic failure. Another user remarked, 'Is it even costlier than Dubai schools?' — a comparison that underscored the frustration and sense of injustice that many Indian parents feel when navigating today's education market. The nursery fee that felt like an insult Nursery education, once a gentle start to learning, filled with rhymes, playtime, and basic literacy, has today become a luxury product. Schools promise world-class teaching methods, smart classrooms, imported toys, and even global exposure, but critics argue the price tags often serve status more than substance. The Hyderabad school's fee slip also revealed charges of ₹2.42 lakh for Pre-Primary I and II, and ₹2.91 lakh for Classes 1 and 2, numbers that rival the annual fees of some top-tier professional colleges in the country. The middle-class squeeze For India's urban middle class, education is non-negotiable. It is the primary tool for mobility and aspiration. But as one entrepreneur recently pointed out, school fees are now consuming nearly 19% of household income. Parents are reportedly taking out EMIs not for cars or homes — but for kindergarten. This is no longer about choice, but compulsion. The emotional and financial toll is steep: families cut down on savings, delay essential spending, and often feel trapped in an educational arms race they didn't ask to join. Policy in paralysis Despite the presence of regulatory frameworks like the Right to Education Act, India still lacks strong mechanisms to monitor or cap private school fees. Institutions often cite infrastructure investments and staff salaries to defend rising costs, while governments mostly stay silent or passive. The result is a free market with minimal oversight, where children's access to quality learning is shaped not by their potential, but by their parents' paychecks. Reimagining what school should be The Hyderabad fee slip is not just a piece of paper. It is a symbol of the growing disconnect between education and equity in India. The outrage it sparked is justified, not just because of the cost, but because of what it reveals about who gets to learn, and at what price. A school is meant to be a space of curiosity and growth, not a showroom selling childhood as a luxury. No child should have to start their academic life with a five-figure monthly bill. And no parent should be forced into debt to teach their child the alphabet. Until the system is restructured, ₹21,000 a month for nursery classes will remain a stark reminder: in India today, even ABCD comes with a price tag, and it's breaking more than just bank accounts. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!


Time of India
35 minutes ago
- Time of India
India steps up with Quad: Target on China's rare earth dominance; supply diversification seen as key
Foreign ministers of the Quad nations (Australia, India, Japan, and the United States) met in Washington and announced a comprehensive plan to address China's growing influence in the Indo-Pacific region, according to The Japan Times, quoted by ANI. The group introduced the Quad Critical Minerals Initiative to address China's control over rare earths and essential materials crucial for defence and technology sectors. Their joint declaration stated their commitment "to uphold a region free from coercion" and opposition to "any unilateral actions that seek to change the status quo by force or coercion". The Quad ministers expressed serious concerns about supply chains reliant on a single source and criticised China's economic pressure tactics, price control practices, and threats to essential infrastructure security. During the meeting chaired by US Secretary of State Marco Rubio, the participating nations agreed to diversify their sources of lithium, nickel, graphite, and other strategic minerals. Rubio stressed the importance of supply chain resilience to counter Beijing's potential trade leverage, highlighting the necessity for allied collaboration. According to The Japan Times' July 2 report, analysts view this development as part of a larger effort to reduce China's economic influence. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn More - How Donating Sperm May Support Your Income SpellRock Undo The publication noted that this initiative represents significant growth in Quad cooperation and aims to diminish Beijing's regional authority. China's control over critical mineral processing has generated concerns about potential industrial disruptions. Strategic experts emphasise vigilance. At a US congressional hearing, former Australian Prime Minister Scott Morrison discussed Beijing's trade restrictions against Australia and called for increased coordination among Quad members. Former US ambassador Rahm Emanuel suggested establishing an alliance similar to NATO to counter Chinese economic pressure. China's subdued reaction to the Quad announcement differs from previous responses, suggesting to analysts that Beijing might be carefully evaluating its position as its control over rare earth markets faces challenges. The Quad meeting also discussed other regional issues: military activities in the East and South China Seas, cybersecurity concerns, and North Korea's actions. The ministers reinforced their dedication to peaceful dispute resolution and international law. The Quad's strengthening partnership indicates an important development in Indo-Pacific security arrangements. The Japan Times noted that this initiative demonstrates regional democracies' united stance against Beijing's economic and geopolitical pressure tactics. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025


Time of India
37 minutes ago
- Time of India
India's top realty developers now worth Rs 16 lakh crore, surpass Kuwait's GDP
The combined value of India's most valuable real estate companies stands at $188 billion, or Rs 16 lakh crore, up Rs 1.9 lakh crore from a year ago, exceeding the Gross Domestic Product of Kuwait and the combined GDP of Jordan and Bulgaria, according to a joint study by GROHE and Hurun India. The annual assessment, profiling the country's top 150 real estate firms by enterprise value, reported a 14% annual growth in cumulative valuation, significantly lower than last year's 70% surge. The BSE Realty Index also reflected this slowdown, with a 12% decline. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Data Science MCA Others MBA others Data Science Leadership CXO Technology healthcare Degree Finance Healthcare Cybersecurity Design Thinking Digital Marketing PGDM Product Management Project Management Artificial Intelligence Management Operations Management Data Analytics Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Despite the tempered pace, the sector continues to expand its footprint. Sixty-three companies debuted on the list this year, 29 of them directly entering the top 100, indicating widening investor confidence. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Also Read: How will TCS layoffs affect India's real estate sector? Mumbai leads the real estate map with 42 companies, holding a cumulative valuation of Rs 6,96,800 crore. Bengaluru follows with 23 companies worth Rs 1,97,400 crore, while New Delhi ranks third with 16 companies valued at Rs 89,700 crore. Hyderabad and Pune, with 13 companies each, come next, and Gurugram hosts 12 companies with a combined worth of Rs 3,23,300 crore. Live Events DLF has retained its title as India's most valuable real estate company for the second year, with a valuation of Rs 2.07 lakh crore. Lodha Developers ranks second at Rs 1.38 lakh crore, while Indian Hotels Company , which saw a 36.8% jump, secured the third position with Rs 1.08 lakh crore, highlighting hospitality's growing role in the sector. Among unlisted companies, Adani Realty leads with a valuation of Rs 52,400 crore. The entry threshold for the list dropped to Rs 1,000 crore from Rs 1,160 crore last year. 'Despite early-year turbulence due to global conflicts and input cost pressures, the industry added Rs 1.4 lakh crore in value, led by a sharp post-April recovery... signalling renewed investor confidence and structural depth in India's real estate ecosystem,' said Anas Rahman Junaid, Founder and Chief Researcher, Hurun India. The list highlights trends such as rising institutionalisation, regional expansion, and the growth of hospitality and co-working formats. Twenty-two hospitality firms now contribute Rs 2.76 lakh crore in value. Schloss Bangalore , just six years old and valued at Rs 13,600 crore, is the youngest company on the list. Also Read: Real estate sentiment improves in Q2 2025 as demand, liquidity and policy support boost outlook: NAREDCO Index A total of 33 firms are now led by professional CEOs, and four are headed by women. The youngest leader is 31 years old; the oldest is 88. Regionally, the western belt leads with a 41% share of total value, followed by the southern region with 31% and the northern region with 25%. The residential segment continues to dominate, accounting for 67% of the companies. An increase in listed entities to 65 from 48 also signals stronger capital market validation for real estate. Recent IPOs like Ventive Hospitality and Schloss Bangalore further underscore the sector's growing investor appeal.