Latest news with #ALCM
Time of India
14-05-2025
- Business
- Time of India
Tariff in solar+ESS auction 5.8% lower than previous SECI tender
New Delhi: In a significant development for India's renewable energy sector, a solar project integrated with energy storage has recorded a tariff of ₹3.32 per unit—5.8 per cent lower than the rate discovered in a similar tender by SECI in December 2024, according to a report by JMK Research. The tariff was discovered in a reverse auction conducted by SJVN Ltd for setting up 1200 MW of solar capacity co-located with 600 MW/2400 MWh of energy storage, offering four hours of backup. The latest price matches the tariffs seen in recent wind-solar hybrid (WSH) auctions and falls well below those in standalone wind bids, JMK Research said. The report highlighted the growing shift toward integrating energy storage with solar generation. A February 2025 notification by the Ministry of Power mandates that all upcoming solar tenders include co-located ESS of at least two hours' duration, equivalent to 10 per cent of the project's installed capacity. These Solar + ESS projects are intended primarily for energy shifting, aimed at balancing the gap between peak solar generation and peak power demand. Though most utility-scale tenders remain technology-agnostic, the requirement for solar co-location and a 24-month commissioning deadline is likely to favour battery energy storage systems (BESS), the report said. The ongoing decline in battery prices has played a central role in bringing down project tariffs. Since June 2024, global prices for Lithium Iron Phosphate (LFP) cells have dropped by around 6 per cent as of April 2025. According to Bloomberg estimates cited in the report, battery prices could decline further to about USD 112 per kWh by the end of 2025, potentially driving future Solar + ESS tariffs even lower. However, the upcoming implementation of the Approved List of Cell Manufacturers (ALCM) policy from June 2026 may temporarily raise tariffs until Indian cell manufacturing capacities scale up. As the share of variable renewable energy (VRE) grows, Solar + ESS configurations are expected to become standard in future solar projects. This shift is seen as critical for India to meet its target of 47.2 GW of battery energy storage by 2031-32 and to integrate 500 GW of renewable energy into the national grid by 2030, the report added.
Business Upturn
11-05-2025
- Politics
- Business Upturn
India destroyed Muridke, Muzaffarabad and Bahawalpur within 25 minutes: Report
By Aditya Bhagchandani Published on May 11, 2025, 18:16 IST In what top government sources are calling a 'new normal', India has signalled a decisive shift in its strategic posture towards Pakistan following Operation Sindoor—a powerful retaliatory campaign executed after the Pahalgam terror attack that killed 26 civilians. According to a high-level government briefing reported by CNBC-TV18, India's military destroyed key terrorist hubs in Muridke, Muzaffarabad and Bahawalpur within just 25 minutes, marking one of the fastest and most precise operations conducted by Indian forces across the border. The offensive was launched in the early hours of May 7–8, targeting Pakistan's deep military and terror infrastructure. The political cost was equally escalated with India suspending the Indus Waters Treaty, signalling that cross-border terrorism will now directly impact foundational bilateral agreements. PM Narendra Modi, during a message to the armed forces, reportedly said: 'Agar wahan se goli chalegi, toh yahan se gola chalega' —(If bullets are fired from there, we will respond with shells). Ceasefire? Not quite. On May 10, the DGMOs of India and Pakistan held talks and agreed to a mutual halt of firing at 5 PM IST, but Indian sources have now clarified this understanding is not a conventional ceasefire. The Indian establishment firmly holds that violations by Pakistan on the same night will be responded to appropriately, reinforcing that Operation Sindoor is not over. US Role in Diplomacy India kept the US informed, with External Affairs Minister S. Jaishankar alerting US Secretary of State Marco Rubio on April 30 that India would be hitting targets inside Pakistan. The US later confirmed that Pakistan sought intervention after India's powerful retaliation. US Vice President JD Vance, in his outreach, reportedly warned of escalation, to which PM Modi is believed to have responded firmly that India will hit back forcefully if provoked. Eventually, it was communicated to the US that India would discuss ceasefire protocols only bilaterally through DGMO-level dialogue—not through external mediation. 𝗕𝗛𝗢𝗟𝗔𝗥𝗜 𝗚𝗢𝗡𝗘 | Precision striking by Indian ALCM (Likely Brahmos) at PAF Base Bholari on 10th May 2025. Via : @KawaSpace — Alpha Defense™ (@alpha_defense) May 11, 2025 Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
India Today
11-05-2025
- Politics
- India Today
India used BrahMos in strikes against Pak: All about supersonic cruise missile
Uttar Pradesh Chief Minister Yogi Adityanath confirmed on Sunday that a BrahMos missile was used in strikes against Pakistan during Operation Sindoor. He was speaking at the inauguration event of BrahMos Aerospace Integration and Testing Facility in Lucknow. The new facility will give a boost to India's defence capabilities."You must have seen a glimpse of the BrahMos missile during Operation Sindoor. If you didn't, then just ask the people of Pakistan about the power of the BrahMos missile," he IS BRAHMOS?BrahMos is a long-range supersonic cruise missile known for its high accuracy. It operates on 'Fire and Forget Principle', adopting a variety of flights on its way to the target. Its destructive power is enhanced due to large kinetic energy on impact. The two-stage missile features a solid propellant booster in the first stage that propels it to supersonic speed before detaching. The second stage, a liquid ramjet engine, carries the missile to speeds nearing Mach 3 during the cruise missile, equipped with stealth technology and an advanced guidance system with embedded software, is designed for precision and maintains a range of up to 290 km and supersonic velocity throughout its flight. It ensures reduced flight time, higher target accuracy, and minimal chances of interception by existing defense systems. advertisementIts high impact force is bolstered by significant kinetic energy, while it can cruise at altitudes of up to 15 km and strike as low as 10 meters. The missile carries a conventional warhead weighing between 200 and 300 SPECIAL ABOUT BRAHMOS?BrahMos Capabilities:Range: Over 450 km (extended range variants up to 800 km reportedly tested)Speed: Supersonic (Mach 2.8–3.0), making interception highly difficultLaunch Platform: Air, land, sea, and submarine capable — the ALCM version is launched from Su-30MKIAccuracy: Near pinpoint precision with advanced guidance and navigationPayload: High-explosive warhead (200–300 kg), ideal for hardened targetsCompared to existing state-of-the-art subsonic cruise missiles, BraHmos has:3 times more velocity2.5 to 3 times more flight range3 to 4 times more seeker range9 times more kinetic energyBrahMos is the first supersonic cruise missile known to be in service. Induction of the first version of Brahmos weapon complex in the Indian Navy commenced from 2005 with INS Rajput as the first Indian Army has also inducted many BrahMos regiments since 2007. The IAF has successfully inducted BrahMos Air Launched Cruise Missile system armed with Sukhoi-30MKI frontline fighter aircraft.
Times of Oman
10-03-2025
- Business
- Times of Oman
Solar capacity additions to accelerate with 85-90 GW projected for FY26-27: Report
New Delhi: Solar capacity additions in India will accelerate in the Financial Year (FY) 2026 and FY27, with 85-90 GW of new solar capacity expected to be added during these two years combined, according to a report by SBI Caps. The report adds that the additions of residential rooftop solar support the sector to drive the expansion. The report further added that the solar additions could double to 30 GW in FY 25, as solar capacity additions have reached unprecedented levels, demonstrating resilience to demand fluctuations. As per the report, annual module demand is forecast at 100 GW. The report, however, added that the realization of the projections hinges on moderate PPA-PSA gap reduction, PM-SGMBY completion by FY28, and enhanced RPO compliance. Land constraints, ALCM implementation, and restrictive state net metering policies pose downside risks. Conversely, timely schemes (especially PM-KUSUM) and project execution could further augment demand, the report said Meanwhile, as per the government data, India's solar power sector has witnessed an extraordinary 3450 percent increase in capacity over the past decade, rising from 2.82 GW in 2014 to 100 GW in 2025. As of January 31, 2025, India's total solar capacity installed stands at 100.33 GW, with 84.10 GW under implementation and an additional 47.49 GW under tendering. Solar energy remains the dominant contributor to India's renewable energy growth, accounting for 47 per cent of the total installed renewable energy capacity. In 2024, record-breaking 24.5 GW of solar capacity was added reflecting a more than two-fold increase in solar installations compared to 2023. Last year also saw the installation of 18.5 GW of utility-scale solar capacity, a nearly 2.8 times increase compared to 2023. Rajasthan, Gujarat, Tamil Nadu, Maharashtra, and Madhya Pradesh are among the top-performing states, contributing significantly to India's total utility-scale solar installations. The rooftop solar sector in India witnessed remarkable growth in 2024, with 4.59 GW of new capacity installed, reflecting a 53 percent increase compared to 2023. According to the government, a key driver of this growth has been the PM Surya Ghar: Muft Bijli Yojana, launched in 2024, which is now nearing 9 lakh rooftop solar installations, enabling households across the country to embrace clean energy solutions. India has also made significant strides in solar manufacturing. In 2014, the country had a limited solar module production capacity of just 2 GW. Over the past decade, this has surged to 60 GW in 2024, establishing India as a global leader in solar manufacturing.
