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Welcome the charge of India's battery brigade

Mint Chennai

|

August 01, 2025

With their global prices softening, storage batteries have the potential to disrupt our power market, hasten utility reforms, attract entrepreneurs and empower electricity consumers

Electricity regulators in Maharashtra and Gujarat recently approved battery projects to be set up by their respective state-owned utilities, marking the adoption of power storage facilities by two large Indian states. Delhi had operationalized one unit a few months ago. These are designed to soak up excess electricity from solar-panel farms for its supply to consumers when the sun doesn't shine. With battery prices having dropped globally by 30% over the past year and the Centre aiding its adoption by providing funds to plug viability gaps, these states have been quick to seize what's arguably the fastest way to gain clean supply stability in the face of solar interruptions caused by cloud cover and sunsets.

Mint Chennai からのその他のストーリー

Mint Chennai

Amazon, Flipkart COD fee, refund delays under lens

covering 35,000 consumers across 25 states conducted by the Indian Institute of Management-Ahmedabad.

time to read

1 mins

October 03, 2025

Mint Chennai

Mint Chennai

Hexaware sued for $500 million in US over patent breach

American IT services firm Natsoft Corp. has sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one of the biggest patent cases against an Indian IT firm.

time to read

1 min

October 03, 2025

Mint Chennai

Mint Chennai

Govt mulls ₹20K cr risk guarantee fund for infra growth

The government is considering a proposal for creation of a ₹20,000 crore risk guarantee fund for the infrastructure sector to push investment by the private sector.

time to read

1 mins

October 03, 2025

Mint Chennai

Chennai Customs faces finmin probe amid allegations

The finance ministry has ordered a probe into complaints raised on social media by a trading firm in Tamil Nadu, which alleged it was forced to stop operations on account of harassment by customs officials in Chennai.

time to read

1 min

October 03, 2025

Mint Chennai

Housing sales fall in Mumbai, Pune in Q2

Housing sales in Mumbai region and Pune dropped 17% over July-September to 49,542 units on lower demand amid a sharp surge in prices of residential properties, according to PropEquity.

time to read

1 min

October 03, 2025

Mint Chennai

FPIs pull out ₹2 tn on valuations, weak rupee

KSE-100 index yielded a 42.5% return in dollar terms in the same period.

time to read

1 min

October 03, 2025

Mint Chennai

Mint Chennai

White House asks colleges to sign sweeping agreement to get funding advantage

The Trump administration is laying out a set of operating principles that it wants universities to agree to in exchange for preferential access to federal funds.

time to read

3 mins

October 03, 2025

Mint Chennai

In a sea of tech talent, companies can't find the workers they want

which dials to adjust—and by how much.

time to read

2 mins

October 03, 2025

Mint Chennai

Mint Chennai

Abu Dhabi’s IHC to buy 43.5% stake in Sammaan Capital

International Holding Co. (IHC) is set to acquire a controlling 43.5% stake in Sammaan Capital Ltd (formerly Indiabulls Housing Finance) for ₹8,850 crore, marking Abu Dhabi-based investor's entry into India's financial services sector.

time to read

1 mins

October 03, 2025

Mint Chennai

PC Jeweller Q2 revenue up 63%

PC Jeweller Ltd on Thursday said its revenue grew about 63% year-on-year in the second quarter of this fiscal on better demand for gold jewellery during the festive season.

time to read

1 min

October 03, 2025

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