Sunday, Mar 23 2025 | Time 13:58 Hrs(IST)
Business EconomyPosted at: Feb 13 2025 12:16AM


Tata Power Renewables, ONGC collaborate to lead way in Battery Energy Storage system

Kolkata, Feb 12 (UNI) Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and a leading player in India’s renewable energy sector, has signed a non-binding memorandum of understanding (MoU) with Oil and Natural Gas Corporation Limited (ONGC), India’s premier energy company, to explore joint opportunities in the Battery Energy Storage System (BESS) and its value chain.
The MoU was signed at India Energy Week 2025 in the presence of Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas (MoPNG), Arun Kumar Singh, Chairman and CEO of ONGC, Deepesh Nanda, CEO & Managing Director of TPREL, and other dignitaries, according to a media statement here on Wednesday.
The collaboration aims to jointly explore and identify commercial opportunities across various segments of the BESS value chain, including utility-scale systems, grid stabilization services, renewable energy integration, microgrids, hybrid energy solutions, industrial and commercial storage solutions, backup power, electric vehicle (EV) charging infrastructure, and energy trading through ancillary services.
Commenting on the MoU, Deepesh Nanda, CEO & Managing Director, TPREL, said, “This partnership with ONGC marks a significant milestone in our journey to drive India’s energy transition. Battery Energy Storage Systems will play a crucial role in strengthening grid reliability, enabling greater renewable energy integration, and supporting India’s ambitious clean energy goals. Together, we aim to develop innovative storage solutions that will pave the way for a sustainable and resilient energy future.”
Arun Kumar Singh, Chairman and CEO, ONGC, said, “As India transitions towards a sustainable energy future, ONGC remains steadfast in its commitment to advancing clean energy initiatives. This collaboration with TataPower Renewable Energy Limited represents a strategic step towards strengthening energy storage capabilities, which are vital for grid stability and renewable energy adoption. By leveraging our collective expertise, we aim to contribute meaningfully to India’s energy transition and long-term energy security.”
This collaboration between Tata Power Renewable Energy Limited and ONGC underscores their shared commitment to promoting sustainable energy solutions and driving India’s energy transition. By exploring joint opportunities in the battery energy storage sector, both companies aim to contribute significantly to the country’s renewable energy targets and build a robust, future-ready energy ecosystem.
UNI SJC SS
Please log in to get detailed story.
Tags: #Tata Power Renewables# ONGC collaborate to lead way in Battery Energy Storage system
More News

U S stocks edge higher on last-minute rally

23 Mar 2025 | 12:48 PM

New York, Mar 23 (UNI) U.S. stocks ended higher on Friday in the final minutes of the trading session after a week of big swings.

see more..

Agarbatti industry moves toward child labour free future in Bihar, AP and Karnataka: Study shows

23 Mar 2025 | 12:41 PM

New Delhi, Mar 23 (UNI) A recent survey, conducted by India Child Protection (ICP), found that child labour in the agarbatti industry is declining significantly in Karnataka, Andhra Pradesh, and Bihar.

see more..

KVIC inaugurated a ‘special exhibition of Khadi’ at Rohini, Delhi

23 Mar 2025 | 12:18 AM

New Delhi, Mar 22 (UNI) Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises organized a special exhibition and toolkit distribution program at ‘Khadi and Village Industries Bhawan’ branch, Sector-3, Rohini, Delhi here on Saturday.

see more..
Kottayam-Kochi Rubber Market Rates

Kottayam-Kochi Rubber Market Rates

22 Mar 2025 | 3:36 PM

Kottayam, Mar 22 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Saturday per quintal
KOTTAYAM
RSS FOUR: 20200
RSS FIVE : 19800
KOCHI
RSS FOUR : 20200
RSS FIVE : 19800
UNI PA BM.

see more..

"Build Bharat Expo 2025"concludes with global participation

22 Mar 2025 | 1:10 PM

New Delhi, Mar 22 (UNI) The three-day industrial exhibition "Build Bharat Expo 2025", organised by the Indian Industries Association (IIA) from March 19 to 21 at Bharat Mandapam, successfully concluded.

see more..