Centre seeks inclusion of battery energy storage systems in solar tenders
Tue, Nov 19, 2024 7:07 PM

Centre seeks inclusion of battery energy storage systems in solar tenders

A Flip by Avya Verma
Get it on Google Play
The government is pushing central public sector undertakings (CPSUs), states and private developers to build distributed battery energy storage systems for better utilisation of renewable energy and grid stability, two senior officials, one in the Ministry of Power and the other with the Ministry of New and Renewable Energy (MNRE) told Moneycontrol.

More great flips

Patels Airtemp (India) settle disclosure violation case with Sebi

Patels Airtemp (India) settle disclosure violation case with Sebi

Patels Airtemp (India) on Tuesday settled a case with capital markets regulator Sebi related to an alleged violation of disclosure rules by paying a settlement amount of Rs 28.53 lakh. Heavy machinery company Patels Airtemp (India) is a BSE-listed entity. The order came after Patels Airtemp proposed to settle the instant proceedings, without admitting or denying the findings of facts.

Open Flip
Multibagger textile stock hit upper circuit: Padam Cotton Yarns Ltd

Multibagger textile stock hit upper circuit: Padam Cotton Yarns Ltd

On Tuesday, shares of Padam Cotton Yarns Ltd hit a 2 per cent to Rs 213.30 per share from its previous closing of Rs 209.19 per share. The stock also made a new 52-week high of Rs 213.30 per share while its 52-week low is Rs 32.02 per share. The company has a market cap of Rs 101 crore and stock gave multibagger returns of 566 per cent from its 52-week low of Rs 32.02 per share.

Open Flip
Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 bn

Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 bn

Adani Infrastructure will acquire a 30.07 per cent stake in Gujarat-based construction firm PSP Projects for ₹6.85 billion. The infrastructural company under Gautam Adani-owned Adani Enterprises will buy shares from the top shareholder of PSP Projects, Prahladbhai S Patel, Reuters reported on Tuesday.PSP Projects works in industrial, institutional, residential and luxury projects.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon