Author: abhishek2019cs034abesit@gmail.com

Lineage Power Private Limited (LPPL), a material subsidiary of Pace Digitek Limited, has secured an order worth ₹488.46 crore, including GST, from NTPC GE Power Services Private Limited (NGSL) for a Battery Energy Storage System (BESS) project at the Barh Super Thermal Power Project (STPP) in Bihar.

The project covers NTPC’s Stage I and Stage II at Barh STPP. Under the Letter of Award, LPPL will supply, deliver, test and supervise the erection, testing and commissioning of BESS containers along with Battery Management Systems (BMS) and Energy Management Systems (EMS).

The order covers 5.015 MWh of BESS containers, according to the company’s regulatory filing. The contract also includes a Comprehensive Maintenance Contract (CMC) for 12 years, comprising five years of Annual Maintenance Services and a further seven-year extended warranty for the battery containers.

The project is scheduled for completion by December 31, 2026.

LPPL is being developed as a product-led BESS business covering manufacturing, product supply, system integration and lifecycle support. The latest order adds to Pace Digitek’s growing presence across the battery energy storage value chain.

Pace Digitek operationalised 2.5 GWh of BESS manufacturing capacity in 2025 and has since expanded it to 5 GWh. The company plans to further increase its manufacturing capacity towards 10 GWh by the third quarter of FY27.

The company has delivered BESS containers representing more than 1.5 GWh of capacity so far. It is also working on localisation, system integration and lifecycle service capabilities as it expands its energy-storage business.

Pace Digitek is also evaluating opportunities in the commercial and industrial segment alongside its utility-scale BESS business, particularly among power-intensive customers.

Commenting on the order, Venugopalrao Maddisetty, Chairman and Managing Director, Pace Digitek, said the contract strengthens LPPL’s position as a product-led BESS business by bringing together product supply, commissioning and long-term lifecycle support.

The latest contract follows another BESS order secured by LPPL from Kalpa Power and comes as Pace Digitek continues to scale its manufacturing capacity and expand its participation across the energy-storage segment.

Borosil Renewables has revised the estimated cost of its solar glass capacity expansion to ₹1,100 crore from the earlier ₹950 crore, citing supply-chain disruptions linked to geopolitical developments in West Asia.

The company’s Board has approved the revised project cost for adding 600 tonnes per day (TPD) of solar glass manufacturing capacity at its Bharuch facility in Gujarat. The expansion involves two new furnaces, SG-4 and SG-5, each with a capacity of 300 TPD.

The project was originally targeted for commissioning by December 2026. Supply-chain constraints have now pushed the expected commissioning timeline to March 2027.

Borosil Renewables currently has solar glass manufacturing capacity of 1,000 TPD. The additional 600 TPD will take its total installed capacity to 1,600 TPD, representing a 60% increase.

The company had initially approved an estimated investment of ₹950 crore for the two furnaces in May 2025. The revised ₹1,100 crore project cost represents an increase of ₹150 crore, or around 15.8%, over the original estimate.

The expansion is being undertaken as demand for domestically manufactured solar glass increases alongside the growth of India’s solar module manufacturing capacity. Borosil Renewables has also been benefiting from measures aimed at curbing low-priced solar glass imports from China and Vietnam.

The company has set a revenue target of ₹2,500 crore by FY28. The additional manufacturing capacity is expected to support higher volumes as the new furnaces are brought into operation.

Borosil Renewables has also expanded its focus beyond solar glass manufacturing, entering the rooftop solar segment through branded distributed solar solutions. The company is targeting around ₹100 crore in revenue from the business during its first year.

The capacity expansion remains centred on the Bharuch facility, where the two new furnaces will raise production capability to 1,600 TPD once fully commissioned. The revised timeline reflects the impact of current supply-chain conditions on the project’s execution schedule.

Solex Energy is targeting more than two-fold growth in revenue to over ₹4,500 crore by FY28, backed by expansion across solar cells, modules and Battery Energy Storage Systems (BESS).

Chairman and Managing Director Chetan Shah said the company expects its revenue potential to cross ₹4,500 crore by FY28 while maintaining a disciplined approach to capital deployment, execution and technology investments.

Solex Energy reported revenue of more than ₹1,620 crore in FY26. EBITDA stood at ₹186.7 crore, while net profit was ₹98.3 crore, Shah said at the company’s 12th Annual General Meeting.

The company has outlined an investment programme of around ₹4,000 crore between FY27 and FY30. The plan will take Solex beyond its established solar module business and towards a more integrated renewable energy platform covering solar cells, modules and battery energy storage.

Solar cell manufacturing is a key part of the expansion. Solex plans to establish 2.2 GW of solar cell manufacturing capacity by FY28 and scale this to 5.2 GW by early FY29.

The company is also developing capabilities for 10 GWh of battery pack and container assembly. The first 5 GWh phase is targeted for FY29, followed by further expansion.

Solex expects the expansion into solar cells to provide greater control over quality, costs and supply chains while increasing its participation in India’s domestic renewable energy manufacturing ecosystem.

The company is also expanding its international presence through plans for Solex Europe and Solex USA, as it looks to build a wider market for its solar and clean energy offerings.

Solex’s FY26 performance provides the base for its expansion plans, with revenue growing 143.9% year-on-year to ₹1,621.1 crore. The company has also been scaling its solar module manufacturing operations in Gujarat.

The ₹4,000-crore investment programme and planned additions in solar cells and BESS are expected to expand Solex Energy’s manufacturing footprint over the next three years as the company works towards its FY28 revenue target.

Sterling and Wilson Renewable Energy Ltd (SWREL) has secured two new orders worth more than ₹985 crore, including a 534.3 MWp project in Rajasthan and two Battery Energy Storage System (BESS) projects with a combined capacity of 616 MWh in South Africa.

The domestic order has been awarded by a leading Independent Power Producer (IPP) in India. The project, secured from a new customer, involves a Balance of System (BOS) package.

The Rajasthan project is estimated to reduce carbon dioxide emissions by approximately 0.80 million tonnes upon commissioning, according to the company.

In the international market, SWREL has secured an order from a leading Middle East-based renewable energy projects developer for two BESS projects in South Africa. Each project has an energy storage capacity of 308 MWh, taking the combined capacity to 616 MWh.

The South African contract is a turnkey Engineering, Procurement and Construction (EPC) wrap project and has been awarded by a repeat customer. SWREL said the project is its second-largest utility-scale BESS project to date.

Commenting on the order wins, Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy, said the two orders reinforce the momentum in the company’s business and reflect customer confidence in its project execution capabilities.

The latest contracts add to SWREL’s work across utility-scale solar and energy storage, covering both the domestic and international renewable energy markets.

The company is an end-to-end renewable energy EPC solutions provider with operations spanning utility-scale solar, floating solar, hybrid and energy storage and wind projects. Its portfolio stands at more than 28.7 GWp, including commissioned projects and projects under construction, while its operations and maintenance portfolio covers 18.3 GWp of solar projects.

The two new orders expand the company’s project pipeline across solar generation and battery storage, with the Rajasthan contract adding utility-scale solar EPC work and the South African assignment strengthening its presence in large-scale energy storage.

Ceigall India Limited (CIL), has announced that its wholly owned subsidiary (WOS), Ceigall Green Energy MH2 Limited, has successfully commissioned another 5 MW solar power plant at Ranjangaon Deshmukh, Taluka Kopargaon, District Ahilyanagar, Maharashtra. 

With this commissioning, the WOS’s operational solar capacity at the site now stands at 10 MW, following the earlier commissioning of the first 5 MW unit, which was completed well ahead of its scheduled timeline and made the project eligible for the early-commissioning incentive under MSKVY 2.0. The commissioned capacity is connected to the 33/11 kV Ranjangaon substation of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), with the power being sold to MSEDCL. 

This 10 MW capacity forms part of the aggregate 147 MW solar power project being developed and executed by Ceigall Green Energy MH2 Limited under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a Government of Maharashtra scheme aimed at strengthening decentralised, daytime solar power supply to agricultural feeders across the state. 

Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said, “The successful commissioning of another 5 MW of capacity, well ahead of schedule, reflects the strong execution discipline that Ceigall India brings to every project it undertakes. As we continue to scale up our presence in the renewable energy space, this milestone reinforces our commitment to supporting Maharashtra’s clean energy goals while building a diversified and future-ready infrastructure portfolio.” 

The commissioning of this project marks a significant milestone in Ceigall India’s expansion into the renewable energy sector and further strengthens the Company’s growing presence in solar power generation. Ceigall India remains focused on scaling up its renewable energy portfolio, including utility-scale solar and Battery Energy Storage System (BESS) projects, as part of its broader infrastructure growth strategy. 

Ceigall India Limited (CIL), has announced that its wholly owned subsidiary (WOS), Ceigall Green Energy MH2 Limited, has successfully commissioned another 5 MW solar power plant at Ranjangaon Deshmukh, Taluka Kopargaon, District Ahilyanagar, Maharashtra. 

With this commissioning, the WOS’s operational solar capacity at the site now stands at 10 MW, following the earlier commissioning of the first 5 MW unit, which was completed well ahead of its scheduled timeline and made the project eligible for the early-commissioning incentive under MSKVY 2.0. The commissioned capacity is connected to the 33/11 kV Ranjangaon substation of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), with the power being sold to MSEDCL. 

This 10 MW capacity forms part of the aggregate 147 MW solar power project being developed and executed by Ceigall Green Energy MH2 Limited under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a Government of Maharashtra scheme aimed at strengthening decentralised, daytime solar power supply to agricultural feeders across the state. 

Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said, “The successful commissioning of another 5 MW of capacity, well ahead of schedule, reflects the strong execution discipline that Ceigall India brings to every project it undertakes. As we continue to scale up our presence in the renewable energy space, this milestone reinforces our commitment to supporting Maharashtra’s clean energy goals while building a diversified and future-ready infrastructure portfolio.” 

The commissioning of this project marks a significant milestone in Ceigall India’s expansion into the renewable energy sector and further strengthens the Company’s growing presence in solar power generation. Ceigall India remains focused on scaling up its renewable energy portfolio, including utility-scale solar and Battery Energy Storage System (BESS) projects, as part of its broader infrastructure growth strategy.