In a strategic effort to enhance India's energy storage framework, Oil and Natural Gas Corporation Ltd (ONGC) has entered into a non-binding Memorandum of Understanding (MoU) with Tata Power Renewable Energy Ltd (TPREL), which is a subsidiary of Tata Power Company Ltd. The pact, revealed at the India Energy Week 2025, seeks to investigate joint prospects within the Battery Energy Storage System (BESS) value chain.
The collaboration emphasizes large-scale energy storage systems, grid stabilization, integration of renewable energy, hybrid solutions, energy storage applications for industrial and commercial use, as well as microgrid and backup power alternatives, plus EV charging infrastructure. With India actively moving towards clean energy, improving grid stability and storage options has become essential for sustainable energy management.
"This collaboration with Tata Power Renewable Energy Ltd represents a strategic step towards strengthening energy storage capabilities, which are vital for grid stability and renewable energy adoption," said Arun Kumar Singh, chairman and CEO of ONGC.
In order to boost energy storage innovation and efficiency, the partnership aims to take use of TPREL's leadership in renewable solutions and ONGC's strength in energy infrastructure.
Deepesh Nanda, CEO and MD of TPREL highlighted the implication of battery energy storage, stating, "Battery Energy Storage Systems will play a crucial role in strengthening grid reliability, enabling greater renewable energy integration, and supporting India's ambitious clean energy goals."
The partnership represents a significant advancement in India's efforts to ensure a more resilient and sustainable energy future.
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