VECROS, an Indian deep-tech company developing autonomous aerial systems and AI-powered robotic platforms, today announced the commercial availability of Jetcore, its India-designed AI autonomy compute platform for drones and robots. Built for autonomous systems operating in complex and GPS-denied environments, Jetcore combines the computing, control, sensing and software capabilities required to enable intelligent, reliable robotic autonomy at the edge. One Platform instead of many boards Jetcore brings together high-performance AI computing, real-time flight and motion control, multi-sensor connectivity, power management, embedded firmware and VECROS’ proprietary Jetpix autonomy stack in a single integrated platform. By consolidating these core autonomy functions, Jetcore…
Author: Ranganathan
Cosmic PV Power Limited has secured Consent to Establish (CTE) approval for its proposed 1.10 GW solar cell manufacturing project in Madhya Pradesh, marking a key step forward in the company’s plans to expand its solar manufacturing capabilities. The project is planned in Narmadapuram, Madhya Pradesh and is expected to manufacture TOPCon solar cells. The approval moves the proposed facility forward in its development and expands Cosmic PV Power’s presence across the solar manufacturing value chain. Also Read: Tata Power Reports 11% Rise in Q1 FY27 PAT to ₹1,401 Crore 1.10 GW solar cell manufacturing facility The proposed facility forms…
Pace Digitek Limited has announced a significant milestone in its battery energy storage business, with its subsidiary Lineage Power Private Limited (LPPL) crossing the manufacturing milestone of 300 utility-scale Battery Energy Storage System (BESS) containers, representing approximately 1.5 GWh of battery energy storage capacity. The milestone comes as Pace Digitek continues to expand its manufacturing capabilities to address growing demand for large-scale battery energy storage solutions. Pace Digitek expands BESS manufacturing capacity According to the company’s regulatory disclosure filed with the stock exchanges, Pace Digitek is expanding its existing 2.5 GWh BESS manufacturing capacity by an additional 2.5 GWh. The…
GE Aerospace used the Farnborough International Airshow 2026 to demonstrate how it is advancing the future of aviation, announcing record engine agreements, improvements in engine durability and significant progress in hybrid electric propulsion technologies. The company, together with CFM International also reinforced its long-term commitment to supporting airline customers through next-generation propulsion systems, expanded maintenance capabilities and continued investment in technologies designed to improve efficiency and reliability. One of the biggest announcements during the airshow came from CFM International, the 50:50 joint venture between GE Aerospace and Safran Aircraft Engines, which secured agreements covering nearly 1,800 commercial aircraft engines. The…
IBM has announced that it has signed a definitive agreement to acquire HRL Laboratories, LLC, a renowned research and development organization recognized for its work in quantum technologies, advanced materials and next-generation electronics. The acquisition is expected to strengthen IBM’s long-term quantum computing roadmap while expanding its capabilities in quantum sensing, semiconductor research and advanced manufacturing. HRL Laboratories, jointly owned by Boeing and General Motors has spent decades developing cutting-edge technologies for commercial industries and U.S. government programs. Following the completion of the transaction, both Boeing and General Motors will continue collaborating with IBM on quantum applications and advanced technology…
Tata Power has reported a strong start to FY27, posting steady growth in revenue, profitability and operational performance during the quarter ended June 30, 2026. The company reported a consolidated profit after tax (PAT) of ₹1,401 crores for the first quarter, an increase of 11% compared with ₹1,262 crores reported during the corresponding period last year. Revenue from operations increased 8% year on year to ₹18,898 crores, while earnings before interest, taxes, depreciation and amortization (EBITDA) grew 8% to ₹4,249 crores. The results reflect continued momentum across the company’s integrated power portfolio, supported by renewable energy expansion, conventional generation, transmission…
The Government of India has outlined an ambitious roadmap for expanding energy storage infrastructure as it prepares the country’s power system for higher renewable energy integration and improved grid reliability. According to information shared by the Ministry of Power, Hon’ble Minister of State for Power Shri Shripad Naik, in a written reply in the Rajya Sabha, the National Electricity Plan (Generation) projects significant growth in Battery Energy Storage Systems (BESS) and Pumped Storage Plants (PSPs) over the coming years to support India’s evolving electricity network. The National Electricity Plan estimates that India will require 47.24 GW/236 GWh of Battery Energy…
Emmvee Photovoltaic Power Limited has announced plans to evaluate a 9 GW ingot and wafer manufacturing facility as part of its strategy to strengthen backward integration, following a record-breaking first quarter of FY27 that saw revenue, profitability and production reach all-time highs. According to the company’s Q1 FY27 press release filed with the stock exchanges, the proposed upstream manufacturing facility is planned in two phases and is expected to further strengthen Emmvee’s integrated solar manufacturing capabilities. During the company’s post-results earnings call, management indicated that the project is targeted for phased implementation by FY30, subject to the rollout of ALMM…
Renewable energy company Juniper Green Energy Limited has announced that its ₹1,800 crore Initial Public Offering (IPO) will open for subscription on 30th July, 2026, and close on 03rd August, 2026. The company has fixed a price band of ₹214-₹225 per equity share, according to its Red Herring Prospectus (RHP) filed with the Securities and Exchange Board of India (SEBI). The IPO comprises a fresh issue of equity shares, with the company aiming to strengthen its financial position by reducing debt and supporting future business growth. Anchor investor bidding is scheduled to take place on 29th July, while eligible employees…
The Kerala State Electricity Regulatory Commission (KSERC) has approved Kerala State Electricity Board Limited’s (KSEB) proposal to procure 200 MW of solar power integrated with a 100 MW/400 MWh Battery Energy Storage System (BESS), marking an important step towards improving the state’s ability to meet peak electricity demand while expanding the share of renewable energy in its power mix. The approval issued through a regulatory order enables KSEB to procure renewable power through the Solar Energy Corporation of India (SECI) under a long-term arrangement. The initiative is expected to strengthen grid reliability during high-demand periods while supporting Kerala’s clean energy…
ENGIE, a global provider of low-carbon energy and energy services has achieved financial closure for its 250 MW Khaba Solar Project in Barmer, Rajasthan, marking a significant milestone in the project’s development. The utility-scale solar project is being developed by Khaba Renewable Energy Private Limited, a wholly owned subsidiary of ENGIE, and reinforces the company’s continued investment in advancing India’s renewable energy and clean power ambitions. Upon commissioning, the Khaba Solar Project is expected to generate around 650 GWh of clean electricity annually, while helping reduce nearly 180 kilotonnes of CO₂ emissions each year. In addition to its environmental benefits,…
State-owned power major NTPC Ltd. has secured Board approval to raise up to ₹12,000 crores through the issuance of Non-Convertible Debentures (NCDs) in the domestic market, marking another significant step in strengthening the company’s long-term financing framework. The proposal, approved during the Board of Directors’ meeting held on July 24, 2026, is subject to shareholder approval and will enable NTPC to mobilize funds through private placement in one or more tranches over the approved period. The fundraising mechanism provides the company with flexibility to access capital markets based on its financing requirements and prevailing market conditions. Key Highlights NTPC Board…