GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat
Published . Updated .
GERC adopts tariffs for Gujarat’s 450 MW / 900 MWh BESS projects awarded to NLC India Renewables and Sun Drops Energia.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-1.5% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- LIT Global X Lithium & Battery Tech ETF-1.2% 6d
Global X Lithium & Battery Tech ETF: it holds lithium and battery companies. Linked by “battery” (lithium and batteries) in this story.
- TAN Invesco Solar ETF-6.4% 30d
Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story.
- INDA iShares MSCI India ETF-5.0% 30d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- CAT Caterpillar-23.7% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- DE Deere-0.9% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- WMT Walmart+14.9% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLINo price data for this ticker | — | — | — | — | — | — | — |
| XRTNo price data for this ticker | — | — | — | — | — | — | — |
| LITNo price data for this ticker | — | — | — | — | — | — | — |
| TANNo price data for this ticker | — | — | — | — | — | — | — |
| INDANo price data for this ticker | — | — | — | — | — | — | — |
| CATNo price data for this ticker | — | — | — | — | — | — | — |
| DENo price data for this ticker | — | — | — | — | — | — | — |
| WMTNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat SolarQuarter
Source: SolarQuarter
Trades by members of Congress and officials in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 35 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 35 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 38 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 66 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 67 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Nike (NKE), worth $100,001 - $250,000 on 21 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Albemarle (ALB) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 38 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLI)
Companies carried with this story
- XLI Select Sector Spdr Tr
For “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- XRT Spdr Series Trust
In “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- LIT Global X Fds
In “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat,” Global X Fds (LIT) is linked, with no stored direction, medium confidence. Reason on file: Global X Lithium & Battery Tech ETF: it holds lithium and battery companies. Linked by “battery” (lithium and batteries) in this story
- CAT Caterpillar
Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat.” Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- DE Deere
In “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- WMT Walmart
In “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- NKE Nike
Nike (NKE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat.” Reason on file: Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- ALB Albemarle
Albemarle (ALB) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat.” Reason on file: Albemarle (plastic materials, synth resins and nonvulcan elastomers): battery-metal producers move with EV and battery demand. Linked by “battery” (lithium and batteries) in this story
Select Sector Spdr Tr (XLI)
The 2 Nov 2026 story “GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat” names Select Sector Spdr Tr (XLI) because of this story.
For Select Sector Spdr Tr (XLI), the reason on file says Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Spdr Series Trust (XRT) is here too. Its reason reads: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Dates in the story, and the Select Sector Spdr Tr (XLI) price range
LIT traded between 68.93 and 71.34 across 3 sessions. The latest close on file is 69.08. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 167.42.
What the saved facts support for Select Sector Spdr Tr (XLI)
46 out of 100
“GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.