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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Adani Green Energy launches world’s largest BESS in Gujarat
By BL Mumbai Bureau · 2026-05-26 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Adani Green Energy has commissioned a record-breaking 3.37 gigawatt-hour (GWh) Battery Energy Storage System (BESS) at Khavda, Gujarat, marking the world’s largest single-location battery storage deployment outside China and one of the fastest utility-scale installations globally, completed within just ten months of construction, it said in a statement.

The milestone includes 1.37 GWh capacity added in March 2026, bringing AGEL’s total operational BESS capacity at Khavda to 3.37 GWh.

The system can store enough clean energy to power nearly one million homes for an entire day or keep more than 12 million LED bulbs lit continuously for ten hours. This breakthrough is expected to significantly enhance grid reliability, stabilize renewable-heavy networks, and ensure round-the-clock green power delivery, the statement said.

Sagar Adani, Executive Director of AGEL, emphasized the strategic importance of large-scale storage in India’s clean energy transition. “As renewable energy capacity scales rapidly, storage infrastructure becomes critical for delivering reliable, round-the-clock clean power. With the commissioning of the 3.37 GWh BESS at Khavda, AGEL is strengthening the foundation for resilient, dispatchable and flexible energy systems,” he said.

The Khavda BESS integrates advanced energy management systems with lithium-ion technology to optimize efficiency and responsiveness. It is strategically located within AGEL’s massive renewable energy complex, where the company is developing 30 GW of capacity by 2029, with 9.9 GW already operational.

AGEL plans to add over 10 GWh of battery storage capacity in FY27 and scale up to 50 GWh over the next five years, reinforcing its commitment to building future-ready clean energy infrastructure at global scale.

Published on May 26, 2026